Allen Iverson downfall?

**zap.FREEDOM** · May 1st, 2013 07:00 PM

is this for real? grabe naman, kahit cheeseburger hindi na siya makabili?

“I don’t even have money for a cheeseburger,” -Allen Iverson via Washington Post.

Former NBA superstar is so downfall right now. That's sad to hear. He was once one of the highest paid athletes in the NBA. He earned more than $150 million througout his NBA career. He was also considered as 1 of Kobe Bryant's rivals when it comes to skills in basketball. Read more:

Allen Iverson Admits To His Wife That He Couldn’t Afford A Cheeseburger

Allen Iverson is in bad shape. Not, bad meaning “good”, but “bad” meaning bad. According to a new piece in the Washington Post the iconic NBA baller “has hit rock bottom” and there are many people who love him, and are concerned about him.

Via Washington Post

Three years after Iverson’s last NBA game, the spotlight has shifted from his play to his flaws. His refusal back then to play by society’s rules was seen as an independent player’s quirks, part of the character and the brand, same as his cornrows and tattoos.

Practicing with hangovers added to the legend. Skipping team functions and refusing to obey the league’s dress code was a man who wouldn’t be held down. And embarrassing defenders on the way to the basket, in the NBA and before that at Georgetown, was a nightly statement by the 6-foot, 165-pound guard: If a man, no matter his size, is determined enough, he can get the better of giants.

But Iverson isn’t a basketball player anymore. This is something most everyone but Iverson has accepted, and for years a question worried those closest to him: What happens when the most important part of a man’s identity, the beam supporting the other unstable matter, is no longer there?

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. 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.

As sad as that sounds, nothing can compare to the scene described during Iverson’s 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.

To make matters worse, alcholism has been said to be a major contributor to A.I.’s spiraling struggle.

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.

Hopefully someone can reach out to Allen to help him get his life together. Despite how bad his situation is, there is a silver lining in Iverson’s playbook.

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.

It’s a LONG time to wait, but if the braided-baller can hold on just 18 more years, there just might be some hope.

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**Monseratto** · May 1st, 2013 07:18 PM

Di siya lang...maraming mga nakatikim ng sudden fame and fortune usually end up in the poor house.

Money to Blow: A Recent History of NBA Players Going Broke | Complex

Scottie Pippen
Estimated Career Earnings: $120,000,000
How He Lost It All: Scottie Pippen once spent over $4 million on a corporate jet that never took flight. Translation: No. 33 has spent a lot of money on some stupid ****. The Bulls legend lost millions through the cliched athlete formula of bad investments, lavish spending, and surrounding himself with attorneys who looted his fortune like it was Constantinople under siege. Jordan's sidekick isn't hurting as much after signing a deal with the Bulls to serve as a team "ambassador"—which, from what we can tell, means he sits courtside in a suit and smiles.

**zap.FREEDOM** · May 1st, 2013 07:42 PM

di mo talaga masasabi ang kapalaran ng isang tao, kahit kahapon e halos nasa kanya na ang lahat ng yaman sa mundo, di mo akalain bigla-bigla pala siyang maghihirap ngayon...tsk!!! tsk!!!

**crazy_boy** · May 1st, 2013 08:08 PM

Isa lang ang lesson diyan. Dapat may savings.

**Sweetlucious** · May 1st, 2013 08:15 PM

Don't forget the entourage. Kung si pacman nga ang dami dami ito pa kaya, mga homies.

**_Cathy_** · May 1st, 2013 08:19 PM

Or wag mag asawa ng kukuha ng half of your assets?

**Sweetlucious** · May 1st, 2013 08:30 PM

Originally Posted by Monseratto

Di siya lang...maraming mga nakatikim ng sudden fame and fortune usually end up in the poor house.

Money to Blow: A Recent History of NBA Players Going Broke | Complex

Saan kaya napunta yun mga earnings? And damn puro big names, so its safe to say MJ is still the best on and off the court.( wag lang siya magdraft ng rookies )

**Retz** · May 1st, 2013 08:55 PM

Hindi alam kung paano mag invest "wisely".

**111prez** · May 1st, 2013 09:09 PM

Kailan kaya kukunin ng PBA si Iverson

**jrn29** · May 1st, 2013 10:17 PM

amp, kawawa naman si idol ,naalala ko nun kung paano niya pinahirapan si jordan ,yung mansyon niya sa atlanta nawala na .. hinhintay ko pa namAn siya bumalik sa nba , kahit last game niya na