How Reebok SAVED Allen Iverson From Himself 💰

Allen Iverson was one of the most exciting and prolific NBA scorers ever, but he racked up debt faster than he got buckets.

In 2012 he went bankrupt and was quoted as saying “I don’t even have money for a cheeseburger”

So how did this happen to a guy who earned $200 Million Dollars?

Well the former #1 pick was notoriously frivolous with his money.

He once dropped $40,000 at a TGI Fridays.

He traveled without luggage. So he bought entire outfits in each city he went to then he left when he checked out.

And once A.I forgot where he parked his car so instead of looking he just bought a new one.

Luckily, Iverson had some off-court moves, too.

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[GR-nzom]

If I recall correctly, his manager, whom he knew from his VA days and operated like a father to him, negotiated those deals to ensure he couldn't blow it all

[thManonCross]

Forever grateful and respect reebok for this move, saving my fave player....

[bgorski]

The clothes and car shit is just stupid

[mansojames]

You can’t tell no one how to spend the money they earn, and I will always respect A.I. but I also learned what not to do.

[tepanganiban]

Shoutout to his manager for that 55 bonus!

[kadmielbarney]

He wasn't just a scorer he was a complete all around competitor.. put some respect on the Hall of Famer LEGACY..💯

[robertfrost]

Usually I don't have a lot of sympathy for famous people that have more than most ever will and blow it, but Iverson holds a special place in our hearts, and Reebok came in clutch

[mikelawry]

32 million at 55 years of age is one of the smartest contracts Ever written

[mikeschmidt]

You know you're hood when you rack up a 40k dollar bill at a TGI Friday's. How is that possible?

[riofacts]

Kudos to reebok and who ever actually did the deal to looked out for AI.

[empYreState]

They saved him from the people around him! He is one of the greatest people to have had a prosperous career. Salute

[darrylhayes]

Win your not use to having 💲 it very easy to overspend. It’s fortunate Reebok lookd after him…The HOF’er is blessed

[richardgentry]

His Ex wife saved him because she took zero of that money during Divorce. Let him Keep all of It.

[rk-mqct]

He forgot where he parked his car so he are u serious bro?!lol

[WavyHippie]

Protect Allen at all costs!!! 8 more years, he deserves that 55 mil!!!!

[thomasstafford]

Dude that 32 million on the back end of the deal when he reached 55 was golden. I bet Reebok loved that at the time and knowing they was a big likelihood that he may not survive that long even with perfect health (him being known as a street dude back then.)

[bles]

Now if something "happens" to Allen iverson, we know why 🤞🏽

[localone]

I'm sure it was his agent or representative that suggested this. He probably saw the hand writing on the wall. He probably thought Iverson would end up broke.

[JonECash]

That’s my boy!!!…his game was off the chain.

[thefred]

They had a whole documentary about this it's crazy that people aren't giving his grandmother the credit cuz she's the one that insisted that that be in his contract so that he would be taken care of in his old age like she was