Things just keep getting worse for one of our favorite former NBA personalities Allen Iverson. After his long and painful descent from fame, the former superstar who made $150 million in his career is reportedly $295,876.66 short of paying his bills each month. TMZ got a hold of documents filed in an Atlanta court by his ex Tawanna Iverson who he’s divorcing and here’s what they found:
According to docs, Allen brings in $62,500 in monthly income, but his expenses are FAR, FAR, greater … costing him a cool $358,376.66. A large chunk — $125,749.33 to be exact — is spent paying off various creditors (like his jeweler) … and some goes to his mortgages (but not for long, since his ATL crib is about to be auctioned off).
But Allen says he blows a lot on OTHER expenses too … like $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants … and so on.
The bright spot? Iverson still drives the Maybach which he paid for in cash.