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Author: [General Discussion] Topic: another broke athlete, allen iverson
spocsstocks
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spocsstocks
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#1
Posted: 2/19/2012 5:46:46 PM

earned over 154 million without endorsements and is now broke.  Owes a jewler 800 and some thousand

http://www.thepostgame.com/blog/dish/201202/allen-iverson-has-no-answer-financial-woes

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Biscuiteater1
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#2
Posted: 2/19/2012 5:54:05 PM
couldn't happen to a nicer fellow 
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canovsp
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#3
Posted: 2/19/2012 6:03:17 PM
This is just shocking. I thought all those sleepless nights at Georgetown hitting the books would have prepared him for life after basketball.
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#4
Posted: 2/19/2012 6:13:31 PM
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#5
Posted: 2/19/2012 6:38:04 PM
Oh I thought Iverson was playing in Turkey because he loves the game of Basketball. 


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#6
Posted: 2/19/2012 7:17:14 PM
QUOTE Originally Posted by canovsp:

This is just shocking. I thought all those sleepless nights at Georgetown hitting the books would have prepared him for life after basketball.




i used to see him at the casino all the time in AC when he was nursin an injury.
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#7
Posted: 2/19/2012 7:39:59 PM
Don't knock him.  Guys like him are good for the economy.
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#8
Posted: 2/19/2012 7:47:45 PM
A foot shorter and he'd be flipping burgers...........hello Burgerking? 
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#9
Posted: 2/19/2012 7:55:11 PM
QUOTE Originally Posted by thorpe:

Don't knock him.  Guys like him are good for the economy.

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#10
Posted: 2/19/2012 8:12:43 PM
He can alays get a job at his local tattoo parlor.
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#11
Posted: 2/19/2012 8:41:34 PM
Guess he didn't "practice" how to safe some of his dough...
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#12
Posted: 2/19/2012 9:01:57 PM
I was a big Answer fan, so I'm not going to come here and talk garbage.

He should have had better money management though.
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I_Need_A_Detox
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#13
Posted: 2/19/2012 9:05:31 PM
i would like to spend 150 million in 20 years.  
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#14
Posted: 2/19/2012 9:24:43 PM
unreal man
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#15
Posted: 2/19/2012 9:34:40 PM
too bad he didn't Linvest properly
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MakeSumCake
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#16
Posted: 2/19/2012 9:35:02 PM
QUOTE Originally Posted by earthWake:

I was a big Answer fan, so I'm not going to come here and talk garbage.

He should have had better money management though.

Definitely, still one of my favorites of all time. Its unfortunate how these guys go from hero to zero in a short amount of years, but it is what it is.
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#17
Posted: 2/19/2012 9:41:17 PM
AI has a huge posse, I am sure he blew all the money on stupid stuff.

What a waste.
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I_Need_A_Detox
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#18
Posted: 2/19/2012 11:21:41 PM
$20,000.00+ a day for twenty years... 


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#19
Posted: 2/20/2012 5:45:07 PM
the strippers mustve loved him
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#20
Posted: 2/20/2012 5:49:15 PM
probably 2/3 are from gambling losses and bad investments....
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#21
Posted: 2/20/2012 5:51:45 PM
 poor guy
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#22
Posted: 2/20/2012 5:54:47 PM
all he had to do was put 90$ a month into apple stock during his illustrious career

easier said then done

the IRS took a bite out of him.

i guess his wrist going to fall off from signing memorabilia.
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#23
Posted: 2/20/2012 6:02:09 PM
QUOTE Originally Posted by wallstreetcappers:

AI has a huge posse, I am sure he blew all the money on stupid stuff.

What a waste.

I believe he actually took his posse everywhere and even had a hair stylist on the payroll.  
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#24
Posted: 2/20/2012 6:03:16 PM
They mention the hair stylist in the article.  Should have read that first.  
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#25
Posted: 2/20/2012 6:04:14 PM
ala Antwoin (sp) Walker anyone
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