NBA: Whoa! Check Out Allen Iverson’s Monthly Income vs. What He SPENDS Per Month!
Things that make you say WOW. Here’s a prime example of an athlete that NEEDS to check out ESPN’s 30 For 30 Broke Documentary!! Apparently, AI is digging himself into a nice financial hole. smh. I’ll never ever understand this. Check out what his monthly income is and what he’s spending per month.
According to TMZ:
Allen recently filed docs in GA court as part of his nasty divorce battle with his ex Tawanna Iverson which outline his dire financial situation.
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 PER MONTH!!!!
So where does all his money go? 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. All in all, Iverson — who reportedly made over $150 MILLION during his NBA career — says he ends up in the hole each month to tune of $295,876.66.
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My poor boo. I’ve been an AI fan since he was at Georgetown U. Watched him win “Rookie of the Year” over Ray Allen. I’ve met him b4. What a nyce person. Much more handsome in person. Those “EYES” are very “Inviting”! Sorry for all the things his gone through over the years. But when you need to secure ur financial future, u need to be a little “Frugal”! We are older now. Flashy is for the youngins. I’ll show him how to maintain a “Prosperous” lifestyle and LIFETIME 🙂 Holla at cha Gyrl 🙂
Why would anybody feel sorry for AI, I mean he was the cause of his own downfall. Then to know you make a certain amount per month, but then you still go ahead and spend more than you bring in. Where is Suze Orman when you need her???
Fucked up and sad
C’mon ppl if u knew anything about AI u would know he got at least 40 mil in a bank account that he can’t touch till he’s much older. #Heaintgotnoworries