Feb 14, 2012, 1:07 PM EDT
When Allen Iverson was playing in Turkey last season, there was a report that he did it for the $2 million because he was broke. That he had burned through the $154 million in salary he earned as a player (not counting endorsements). Iverson denied that charge saying he would be a “damn fool” to blow through all that money and not be able to take care of his children.
But now comes another report about Iverson and money issues. PBT passed along the note last month that a jeweler had won an $860,000 settlement against Iverson for non-payment.
Bill Lyon at the Philadelphia Inquirer adds to that with this note:
A Georgia judge has ordered Allen Ezail Iverson to pay a jeweler about $860,000. But apparently he can’t, so his bank account has been commandeered, and his earnings, whatever of them may be left, are to be garnisheed. The King of Bling, it would seem, is about to become the Prince of Pawn.
Certainly in the next 24 hours or so, Iverson will deny this report as well. And frankly, I don’t know who to believe as I don’t have access to Iverson’s personal financial records (although you would think the judge in this case would, and the circumstantial evidence is piling up against AI, like him thinking of playing in Puerto Rico).
Either way, it’s a sad ending that should not mar what was one of the most legendary and unique careers the NBA has ever seen. There has never been a scorer under 6’2” as good — or entertaining — as Iverson.
Jul 7, 2015, 5:45 PM EDT
Dallas had a good July, too.
Jul 7, 2015, 5:15 PM EDT
The Knicks and Magic essentially swap reserve centers.
Jul 7, 2015, 4:35 PM EDT
“Listen, we had one priority this summer, and that was to re-sign DJ, and we missed out on that.” — J.J. Redick on the Clippers summer.
Jul 7, 2015, 4:10 PM EDT
The Bulls are getting the band back together.
Jul 7, 2015, 3:25 PM EDT
The Lakers were not free agency losers like some think.
Jul 7, 2015, 3:06 PM EDT
Look for the Warriors to waive Wallace using the stretch provision.
Jul 7, 2015, 2:44 PM EDT
Julius Randle, L.A.’s first round pick last year, missed the Summer League opener due to a contract issue.
Jul 7, 2015, 1:57 PM EDT
Exum looked great, the injury did not.
Jul 7, 2015, 1:05 PM EDT
The reigning Sixth Man of the Year signed a free agent deal with the Lakers.
Dwyane Wade cites his scoring average when asked how long he’ll continue to play: ‘I think I’ll stay around a while’
Jul 7, 2015, 12:15 PM EDT
Wade was the third leading scorer in the East last season, but missed 20 games due to a combination rest and injury.
Jul 7, 2015, 11:31 AM EDT
Teams aren’t allowed to discuss deals during the moratorium period, which is still going on.
Jul 7, 2015, 10:52 AM EDT
KG will be back for a record 21st NBA season.
Jul 7, 2015, 10:40 AM EDT
Cleveland just added Mo Williams, but Smith (and Matthew Dellavedova) will likely be back.
Jul 7, 2015, 9:55 AM EDT
The 12th overall pick hasn’t practiced with the Jazz, and remains unsigned. But the GM says “No worries.”
Jul 7, 2015, 9:15 AM EDT
Okafor had some impressive moments.
Jul 7, 2015, 8:30 AM EDT
This is the kind of thing that all that new television revenue should go to.
Jul 7, 2015, 8:00 AM EDT
All I have ever argued about LeBron’s legacy is that you can’t compare it right now to Magic or Jordan or Bird or whoever because he’s still playing at the peak of his game.
Jul 7, 2015, 12:17 AM EDT
Bonner claims a Spurs strength-and-conditioning coach supports the theory
Jul 6, 2015, 11:04 PM EDT
This rookie knows how to finish at the rim.
Jul 6, 2015, 10:04 PM EDT
Cleveland fills its biggest need with its second-best roster-building mechanism
- PBT Extra: Spurs lead Texas winners in NBA Free Agency 0
- J.J. Redick: Clippers deserve “F” for free agency after losing DeAndre Jordan 14
- PBT Podcast: Free agency’s winners and losers 0
- Report: Boston Celtics agree to trade for David Lee for Gerald Wallace 13
- Report: Kevin Garnett to re-sign with Timberwolves 15
- Report: Mo Williams signing with Cavaliers for most of their MLE 23
- Report: Cavaliers, Clippers discussing Jamal Crawford for Brendan Haywood trade 26
- Reports: David West agrees to veteran minimum deal to play for Spurs 80