Allen Iverson: I Couldn't Even afford to buy a CHEESEBURGER?

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Ouch: Former NBA Star Allen Iverson Admits To His Wife That He Couldn’t Afford A Cheeseburger….

Damn, we all watched Allen Iverson when he was on top of his game and doing BIG things in the NBA. Wearing the hottest gear, sporting the hottest shoes, rolling in Benzs and living the life. Now he can’t even afford a cheeseburger?! That’s right Gumbumpers, the former NBA star is no different than many other celebs who didn’t take care of their ends. He made over $140 million dollars playing basketball AND had a huge Reebok deal with various endorsement deals. His story is a cautionary tale to athletes and anyone else who comes into a lot of money.

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.

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.

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.

Allen Iverson 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.

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.

Allen will be eligible to receive what’s left of his Reebok money in June 2030.

“I put it in God’s hands. I’ve accomplished a lot in the NBA, and if the road ends here, then it does. And I’m not bitter about it. I don’t feel no type of way. I just understand that He helped me accomplish a lot of things in the NBA. I’ve done so many things that people thought that I couldn’t do. But at some point, it comes to an end. And regardless of however it comes regardless if it’s retirement, injury, or whatever at some point, it comes to an end. Now, if I get a chance to play again. I would love the opportunity.” – Allen Iverson

WOW!