Why Allen Iverson is no longer in the NBA - Colin Alert!

Re: “I Can’t Even Buy A Cheeseburger” The Fall of A.I.

he could still play if he really wanted to...

the dedication that it would take he jus doesnt have it....physically he`s in shape...

he never had any major injury....lets see how bad he wants it....
 
Re: “I Can’t Even Buy A Cheeseburger” The Fall of A.I.


Salaries
Season Team Lg Salary
1996-97 Philadelphia 76ers NBA $2,267,000
1997-98 Philadelphia 76ers NBA $3,128,640
1998-99 Philadelphia 76ers NBA $3,537,000
1999-00 Philadelphia 76ers NBA $9,000,000
2000-01 Philadelphia 76ers NBA $10,130,000
2001-02 Philadelphia 76ers NBA $11,250,000
2002-03 Philadelphia 76ers NBA $12,375,000
2003-04 Philadelphia 76ers NBA $13,500,000
2004-05 Philadelphia 76ers NBA $14,625,000
2005-06 Philadelphia 76ers NBA $16,453,125
2006-07 Denver Nuggets NBA $17,184,375
2007-08 Denver Nuggets NBA $19,012,500
2008-09 Detroit Pistons NBA $20,840,625
2009-10 Philadelphia 76ers NBA $1,029,794
2009-10 Memphis Grizzlies NBA $161,386
Career (may be incomplete) $154,494,445


this mutha'fucka' wasted all of that money??!!!!! Not to mention the endorsements!!!
21669.gif
 
Re: “I Can’t Even Buy A Cheeseburger” The Fall of A.I.

he could still play if he really wanted to...

the dedication that it would take he jus doesnt have it....physically he`s in shape...

he never had any major injury....lets see how bad he wants it....

Dude. It's over. He's a 37 year old 5"10 SG with a diva complex who's best days were behind him 5 years ago. Him and T.O. Dudes need to stop all this "he could still play", "if only a team would give him a shot". He had his shot. He's done.
 
That was tough read. I wish him the best. I'm not sorry for him. I just want to see him back on track and doing great regardless what he's doing.
 
y'all some real tough unforgiving cats like he did something to you.

AI had it rough being raised by a single teenage mother and that is what formed him and his shell.

And no matter how he blew his money you haven't read about him being an asshole an those that knew him seem to really really care about him.

Hell of a life growing up with nothing and then earning the world and spending that to make people want you.

And as long as he was scoring baskets and touchdowns and spending money they all wanted him. and when the ball stopped bouncing the entourage faded away.

With his NBA pension and his Reebok money he should be okay.



And that practice shit was the most fucked up thing the media ever did to a star.

He was talking about 1 damn day and they made it seem like he didn't practice.

Dude played with more injuries than most and shouldn't have been practicing anyway he should have been healing.
 
y'all some real tough unforgiving cats like he did something to you.

AI had it rough being raised by a single teenage mother and that is what formed him and his shell.

And no matter how he blew his money you haven't read about him being an asshole an those that knew him seem to really really care about him.

Hell of a life growing up with nothing and then earning the world and spending that to make people want you.

And as long as he was scoring baskets and touchdowns and spending money they all wanted him. and when the ball stopped bouncing the entourage faded away.

With his NBA pension and his Reebok money he should be okay.



And that practice shit was the most fucked up thing the media ever did to a star.

He was talking about 1 damn day and they made it seem like he didn't practice.

Dude played with more injuries than most and shouldn't have been practicing anyway he should have been healing.

Damn I really hate to agree with Uncle Thomas here

but cosign!!!!!!

great posting
 
Nah I cant agree with that, this dude's approach to practice was disrespectful, he could've handled hat whole thing differently. He came off like he was better than the game. That's what happens when the game bites back
 
Could care less about these dudes.

most these athletes have the mentality of children.
 
y'all some real tough unforgiving cats like he did something to you.

AI had it rough being raised by a single teenage mother and that is what formed him and his shell.

And no matter how he blew his money you haven't read about him being an asshole an those that knew him seem to really really care about him.

I grew up in Newport News and I didn't know him personally, but I knew more than a few people who came up with him and they'll all tell you to a person, "'Chuck' was an asshole."

I never had anything against him and agree with the crux of your point. He was bascially left for the streets to raise and he did make sure his boys were taken care of when he made it, but he wasn't some benevolent dude who was badly misunderstood.
 
I'm all for him getting his life together etc. I understand he maybe the way he is because of the way he grew up. I just can't understand what the obsession over this dude. He doesn't like to practice, he is a ball hog with a horrible shooting percentage. He is an unbelievable talent, but he never worked on his craft.

You must not like Bo Jackson or Hershall Walker either.
 
does anyone here think his ex wife is a money hungry conniving bitch for going for half his trust for his kids???

I would like an answer from the usual suspects in the BGOL Heman/woman haters club..:hmm:

If even half of what was described in that article is true, her and the kids deserves as much of that trust as legally possible.
 
Re: “I Can’t Even Buy A Cheeseburger” The Fall of A.I.

he could still play if he really wanted to...

the dedication that it would take he jus doesnt have it....physically he`s in shape...

he never had any major injury....lets see how bad he wants it....

He's not hiring himself
 
And no matter how he blew his money you haven't read about him being an asshole

:smh:there's plenty of stories about him being an asshole. why you think hes banned from every casino and TGIF's east of Detroit:lol: There was alot that was covered up during his hey dey in the philly area...
 
Dude was a major asshole when he was here in Detroit. Dude was BANNED from ALL 3 Casinos up here. Even a few clubs banned him due to his entourage. The folks he kept around him we like a cancer, including his uncle that was head of his security.

Funny thing is, as much as I've seen and been around dude, I've never saw him with nothing more than a bottle of Voss water in his hand. He'd buy out the bar and make sure everyone around him had bottles and drinks, but I never saw him drink. Dude was involved with a circle of people that I hung with so I saw him a lot. Cool dude but he was an arrogant lil fuck.
 
Dude was a major asshole when he was here in Detroit. Dude was BANNED from ALL 3 Casinos up here. Even a few clubs banned him due to his entourage. The folks he kept around him we like a cancer, including his uncle that was head of his security.

Funny thing is, as much as I've seen and been around dude, I've never saw him with nothing more than a bottle of Voss water in his hand. He'd buy out the bar and make sure everyone around him had bottles and drinks, but I never saw him drink. Dude was involved with a circle of people that I hung with so I saw him a lot. Cool dude but he was an arrogant lil fuck.

what was in the voss bottle??:rolleyes::rolleyes:
 
so ai got 30 million he cant touch till he's 55 so technically he aint broke.

:smh:I don't see how he makes it to 55 without something bad happening. Plus he's probably already borrowed money with that trust as the collateral like Mike was doing with that Beatles catalog until his death...
 
:smh:I don't see how he makes it to 55 without something bad happening. Plus he's probably already borrowed money with that trust as the collateral like Mike was doing with that Beatles catalog until his death...

which is probably why the courts took half for his wife and kids:smh::smh: dude blew over 150-200 million in 15 years..what makes anyone think he won't loan against that trust money?:smh:
 
His play kept his shortcomings in the shadows, but at home, his behavior caused increasing worry. Tawanna testified that her husband was undependable and volatile. Alcohol intensified his flaws, she said, leading him to skip milestone events and stagger through others.

He hadn’t been present for Tiaura’s birth in 1994, and three years later, when Allen Jr. was born – they would call him Deuce – Iverson was “very intoxicated” and unable to drive her to the hospital, Tawanna told the court.

Iverson kept living as if another contract was imminent, and Tawanna struggled to curb his spending. According to a bank statement submitted in the divorce, the couple’s checking account was overdrawn by more than $23,000 in July 2011. In a single day, $23,255.36 was deducted – at a diamond store, a hat shop, a steakhouse and a hotel.

Tawanna testified that her checks bounced that month when she paid for housing and electricity. She sold jewelry and Tiaura’s car to pay for household expenses, including school clothes and supplies.

The public image for years had been of a bad boy tamed by his growing family sitting near the baseline. The truth was that Iverson was often an absentee husband and father.

Tawanna testified that during a 2009 family vacation in Orlando, Iverson spent evenings with a friend while his family made plans without him. On the day they were to fly home, Iverson nursed a hangover in a van, lying on the floor with a foot draped on the seat. While their children saw a movie, Tawanna sat for hours with her husband, afraid if he was left alone the driver would take photographs.

Basketball was Iverson’s sanctuary, and he signed huge contracts: a six-year deal in 1999 worth $70.9 million and, four years later, a new agreement worth $76.7 million. Reebok signed him to a huge endorsement deal, including a deferred trust worth more than $30 million, a lump sum he can’t touch until he turns 55.

A person close to Iverson, who spoke on condition of anonymity, said that half of the Reebok trust, established as Iverson’s rainy-day fund, was transferred to Tawanna as part of their divorce settlement. Tawanna’s attorney, John Mayoue, would not comment, and attempts to reach Tawanna for additional comment were unsuccessful.


does anyone here think his ex wife is a money hungry conniving bitch for going for half his trust for his kids???

I would like an answer from the usual suspects in the BGOL Heman/woman haters club..:hmm:

I am surprise no one can see what AI is doing? He is smart!!! He will never be broke, he is taking the cash send it before it can used against him. The method is just choking the source and get his life back by denying his ex wife or creditors any large payout.

The dude is set, he has 30 million in trust due to him when is 55yrs old, you can do the math for interest that money is making for him, that is why he acts this way, he does not give a damn, he is settled well beyond his means.
 
I am surprise no one can see what AI is doing? He is smart!!! He will never be broke, he is taking the cash send it before it can used against him. The method is just choking the source and get his life back by denying his ex wife or creditors any large payout.

The dude is set, he has 30 million in trust due to him when is 55yrs old, you can do the math for interest that money is making for him, that is why he acts this way, he does not give a damn, he is settled well beyond his means.

1. It's 15 mil. They took half for the wife.

2. You consider a man who squandered THAT much money .... smart?
 
1. It's 15 mil. They took half for the wife.

2. You consider a man who squandered THAT much money .... smart?

It's a trust, she can not touch it.

A person with a firm grip on the situation informs me Iverson has an account worth $32 million, a principal he is prohibited from touching until 55. In the meantime, it feeds him $1 million annually.

At 45, Iverson is eligible to start drawing on an NBA pension that maxes out at 10 years of active duty, or take whatever's there as lump sum. He will be entitled roughly to $8,000 per month ($800 per x 10).

If at all possible, Iverson will issue a restraining order against himself until he's 62 or so. At that time, I'm told, his lump sum will be between $1.5 million and $1.8 million, or he can elect to take monthly checks of approximately $14,000 per.

To clarify, Iverson doesn't have an unlimited amount of money, and it's very possible that he exhausts his annual take well before the year is out. But that doesn't make him any more broke than a trust-fund kid who spent his $10,000 monthly
allowance two weeks before the calendar turns. The problem isn't that he has no money, but that he uses it unwisely.

http://ca.sports.yahoo.com/blogs/nba-ball-dont-lie/allen-iverson-isn-t-broke-definition-231239875.html

AI will be fine.:D:D:D
 
It's a trust, she can not touch it.

A person with a firm grip on the situation informs me Iverson has an account worth $32 million, a principal he is prohibited from touching until 55. In the meantime, it feeds him $1 million annually.

At 45, Iverson is eligible to start drawing on an NBA pension that maxes out at 10 years of active duty, or take whatever's there as lump sum. He will be entitled roughly to $8,000 per month ($800 per x 10).

If at all possible, Iverson will issue a restraining order against himself until he's 62 or so. At that time, I'm told, his lump sum will be between $1.5 million and $1.8 million, or he can elect to take monthly checks of approximately $14,000 per.

To clarify, Iverson doesn't have an unlimited amount of money, and it's very possible that he exhausts his annual take well before the year is out. But that doesn't make him any more broke than a trust-fund kid who spent his $10,000 monthly
allowance two weeks before the calendar turns. The problem isn't that he has no money, but that he uses it unwisely.

http://ca.sports.yahoo.com/blogs/nba-ball-dont-lie/allen-iverson-isn-t-broke-definition-231239875.html

AI will be fine.:D:D:D

In 2012 Iverson went through a messy divorce with his wife Tawanna, where in the report a source told Babb that half of Iverson’s Reebok trust fund was transferred to Tawanna in the divorce settlement.

Sources connected with the couple tell TMZ ... as part of the deal, the NBA legend agreed to pay Tawanna $3 million, paid out as a large lump sum. We're told Iverson also agreed to fork over various assets and a percentage of his future Reebok endorsement deal checks. He'll pay up child support payments for the duo's five kids.
 
You do realize that 55 is 18 years away, right?

And a mil might not be that much after taxes, and child support. Plus his spending habits.

this is what dude is missing...AI has demonstrated in just about every aspect of his life,profesionally, personally etc that he has NO DICIPLINE...he's BAD WITH MONEY..the ONLY reason he's not truly broke is he brings in more than he can spend but its not like he's not trying:rolleyes:
 
one of my favorite players ever...

Seen him in vegas back in november; seemed like a cool dude...

Hes made a lot of bad decisions and hes paying for them now...hopefully for his kids sake he can began to make some good decisions...
 
y'all some real tough unforgiving cats like he did something to you.

AI had it rough being raised by a single teenage mother and that is what formed him and his shell.

And no matter how he blew his money you haven't read about him being an asshole an those that knew him seem to really really care about him.

Hell of a life growing up with nothing and then earning the world and spending that to make people want you.

And as long as he was scoring baskets and touchdowns and spending money they all wanted him. and when the ball stopped bouncing the entourage faded away.

With his NBA pension and his Reebok money he should be okay.



And that practice shit was the most fucked up thing the media ever did to a star.

He was talking about 1 damn day and they made it seem like he didn't practice.

Dude played with more injuries than most and shouldn't have been practicing anyway he should have been healing.

Dude, my former business partner lived in NewPort News, VA ... and then Hampton, VA. Also, one of my best friends live in Philly - even played some pickup ball with him once - during his prime NBA years in the early 2000s.

Dude wasn't an asshole...

...he was THE ASSHOLE. :lol: :lol::lol:

Dude has been banned from hotels because he and his boys and hoes recked the hotels so bad. At first, they'd deal with it, because he'd leave such big tips. Eventually, they just got tired of dude, and banned him.

That's just the tip of the iceberg of stories I've heard over the years from both party. Some shit is so fucked up, I'd rather just keep it to myself, especially since I can't prove it.
 
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