Allen Iverson's Net Worth Is $1,005,175

By RichButBroke.com
Saturday, April 28, 2012
 
Allen Iverson Net Worth Jump To Allen Iverson's Stats  | Photos
Allen Iverson may be the poster boy for RichbutBroke.  

For fourteen years, you could have called Allen Iverson a lumberjack.  The six foot point guard had to work his basketball magic in the midst of the tall seven foot trees that inhabit the paint in the NBA.  As a scoring machine for most of his career with the Philadelphia 76ers, Iverson slide, hacked, chopped and dunked his way to a career average of 26.7 points per game, while dishing off 6.2 assists per game and recovering an average of 3.7 rebounds amongst the redwoods.  

A prodigy at sport, the high school senior earned state recognition for both football and basketball.  He was named the Associated Press best athlete in both sports in Virginia while leading his football team to the Division AAA High School Championship.  His move to college whittled down his sport options but he managed to become one of Georgetown's sterling players under coach John Thompson before heading off to join the National Basketball Association.  

Philadelphia scooped Iverson first thing.  And, he proved that their money was well-invested.  His first in the league earned him Rookie of the Year Award and he went on to be chosen as a league All-Star 11 times.  Twice Iverson demonstrated his skill level by capturing the NBA All-Star MVP Award.  Four different seasons, Iverson lead the league in scoring second only to the great Michael Jordon.  

Off the court and late in his career, Iverson's hey days seem to be going the other way.  A number of media reports have him gambling and drinking his fortune away.  He has attempted to regain a position in the NBA but has had to settle for European league play that has not worked out well for him.  Iverson has also reportedly taken to playing semi-pro indoor soccer.  Whether he pursues a career with the Rochester Lancers next season has not been decided.


Bottom Line: Even though Allen Iverson brings in more than $150,000 per year, we estimate Allen loses ($24,188) per year after lifestyle, taxes and other expenses. RichButBroke.com predicts that at his current pace of spending, Allen Iverson will be bankrupt in 42 years! Slow your roll Allen!

Allen Iverson Photos
Allen Iverson sets up with his white Bentley.

Allen Iverson's Wealth
How rich is Allen Iverson? $1,005,175
How much does Allen Iverson earn? ($24,188)
How does Allen Iverson make money? Athlete , Basketball
How old is Allen Iverson 42
Is Allen Iverson married? 1 time(s)
Does Allen Iverson have kids? 5 children
Twitter Followers 303,000
Facebook Fans 1,200,000
Financial Advice A fool and his money are soon parted. Watch for bankruptcy.
Interesting Facts About Allen Iverson
Nicknames Allen Ezail Iverson
What is Allen Iverson's Birthday? Saturday, June 7, 1975
What is Allen Iverson's Sign? Gemini
How Tall Is Allen Iverson? 6 feet
How Much Does Allen Iverson Weigh? 165 pounds
Is Allen Iverson gay ? Straight
Allen Iverson's Nationality American



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