Allen Iverson: Beyond Broke?

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Allen Iverson

Allen Iverson, one of the greatest NBA players of this generation who earned more than $150 million during his playing career, cannot even afford a cheeseburger today.

Just three years removed from the league that made him a multimillionaire, where the undersized 6-foot turbocharged dynamo earned the adulation of millions for winning against the giants, he has quickly spiraled into a pit of alcoholism, depression and bankruptcy.

Friends and family members say, however, that the seeds of his precipitous fall from grace and financial heaven were sown years ago. For the past three years, as Iverson chased an NBA comeback, his marriage fell apart and much of his fortune – he earned more than $150 million in salary alone during his career – dissolved.

Things are so bad that during his divorce trial in 2012.

Iverson stood during a divorce proceeding in Atlanta in 2012 and pulled out his pants pockets. “I don’t even have money for a cheeseburger,” he shouted toward his estranged wife, Tawanna, who then handed him $61.

Now, those who once ignored past signals have recognized that basketball may have been the only thing holding Iverson’s life together. “He has hit rock bottom, and he just hasn’t accepted it yet,” says former Philadelphia teammate Roshown McLeod.

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