Comments on: Another report Allen Iverson is hemorrhaging money

By: ndrick731

ndrick731 — Thu, 06 Dec 2012 19:39:52 +0000

Who cares. It’s only a matter of time until he’s wearing state issued khakis anyway

By: mungman69

mungman69 — Thu, 06 Dec 2012 18:49:42 +0000

If I had that money I’d spend it too. Money ain’t worth nothing till you spend it.

By: necr0philia

necr0philia — Thu, 06 Dec 2012 17:02:47 +0000

I have the same spending habits too. But I spend a lot more then that on HOOKERS alone. Then there’s my wife “WOW” man she knows how to Blow my MONEY!!! Well I’m Probably 20 times richer them him also. Allen here is some advice take the ” Dave Ramsey” coarse!!

By: bougin89

bougin89 — Thu, 06 Dec 2012 15:24:33 +0000

This is exactly what I was thinking. But how do you spend $10K a month on clothes and $1K a month on dry cleaning. I guess I’m assuming if you spend $10K a month on clothes you never wear anything twice. In the end this really makes me realize how cheap I dress, haha.

By: manchestermiracle

manchestermiracle — Thu, 06 Dec 2012 14:57:18 +0000

I think the simple math shown above, if anywhere near accurate, proves he’s eating far better than bologna. And if he’s going into debt to the tune of millions per year, and then declares bankruptcy, that affects all of us.

My gut reaction is that since this involves a divorce, the chances of these financial statements being accurate are pretty remote. He and his attorney(s) are just fabricating data to keep his wife from getting anything. Sad.

By: skids003

skids003 — Thu, 06 Dec 2012 13:03:09 +0000

I wish I made $62,500 a month to do nothing. I might be able to get by on that.

By: fanofevilempire

fanofevilempire — Thu, 06 Dec 2012 11:57:32 +0000

I know Allen, who is this mrlaloosh fella………………….

By: fanofevilempire

fanofevilempire — Thu, 06 Dec 2012 11:55:31 +0000

A few day’s ago it was reported his people had him stash a few mil and that he was living of interest
and had his pension from the NBA………………what is the real story MSNBC.

By: bluestar4ever

bluestar4ever — Thu, 06 Dec 2012 09:46:40 +0000

It’s not possible to spend 10K a month if you’re buying things like bologna. That’s the entire point of this article, he is spending lavishly and way beyond his means. Probably buying lobster and steak every night or something similar. If he was buying bologna maybe he wouldn’t be in so much trouble.

By: bigmeechy74

bigmeechy74 — Thu, 06 Dec 2012 06:24:57 +0000

Iverson. He played for Georgetown in college then became an all star several times for the Philadelphia 76ers and one year he even led them to the finals all by himself basically. He was one of the most exciting players and best scorers ever. You don’t know who he is? Weird

By: cosanostra71

cosanostra71 — Thu, 06 Dec 2012 05:04:36 +0000

Yeah, that was mentioned in this article.

By: badintent

badintent — Thu, 06 Dec 2012 04:34:59 +0000

Or go with the sun dried tomatoes,capers and anchovies !!
Owns his jeweler for all the chains he both for himself and his posse.Dat sh*t is funny, I thought Notorious Big had the lock on that number. Must go to Vegas Pawn Shop to see the stuff.

By: pellypell

pellypell — Thu, 06 Dec 2012 04:12:52 +0000

10k a month on clothes? This dude deserves to be broke.

By: illcomm

illcomm — Thu, 06 Dec 2012 03:21:02 +0000

do some research kurt. overdone gave over 30 mil to his financial adviser which he cannot withdraw from. its like an annunity that pays him a little over 1 mil per year till funds run out over about 35 years.

By: n2thaizzo

n2thaizzo — Thu, 06 Dec 2012 03:12:04 +0000

y’all need to let that man live. I haven’t seen any stories about him begging for food, committing any crimes, or anything else. if the man wants to spend 10k a month on bologna sandwiches, so what. That’s his life.

By: metalhead65

metalhead65 — Thu, 06 Dec 2012 02:58:35 +0000

no sympathy what so ever for him or any other athlete who made as much as he did and blew it all. this not a case where he signed a contract and got taken advantage of. the guy is living in a fantasy world and needs a reality check. people like him should not be able to file bankruptcy while those of us in the real world have no choice but to when we lose our jobs and can’t pay their bills. we are not allowed to keep spending money as if we still have a job if we file so why should this clown be able to get away with it?

By: freemantowilliams

freemantowilliams — Thu, 06 Dec 2012 02:23:39 +0000

Sorry A.I. But its time to suck it up and join us all at walmart. Tostinos pizzas great. You just grab an extra bag of cheese and a can of jalapeños and voila! a circle of deliciousness!

By: genericcommenter

genericcommenter — Thu, 06 Dec 2012 02:19:08 +0000

Does it mention assets? When I’m retired I plan to spend more than I earn per month, also. I will be using a formula to spend down my assets by a certain % each year. He’s bringing in about 3/4 mil from somewhere. Maybe he has $50 million or something he’s earning on, then he’s eating $3.5 mil a year. That’s way too much, obviously, but there is a lot more to the picture. There’s nothing that indicates he blew all of his earnings, just that he’s not earning much now. And, sadly, if he did blow his earnings, he’s already cut his spending a lot if he’s “only” spending about $4 million a year.

By: mj1818

mj1818 — Thu, 06 Dec 2012 01:32:12 +0000

Don’t feel one bit of sympathy. Maybe he needs to practice how balance a checking account… But then again we’re talking about practice, not actually balancing it, but practice balancing it.

By: BigBeachBall

BigBeachBall — Thu, 06 Dec 2012 01:26:46 +0000

Yo allen, you do know socks don’t need to be dry cleaned right? You can just toss those babies in the washing machine….

By: seanb20124

seanb20124 — Thu, 06 Dec 2012 00:59:48 +0000

Hope works out for him and his kids

By: rayray5227

rayray5227 — Thu, 06 Dec 2012 00:57:01 +0000

Of all athletes it’s just sadder seeing Allen Iverson go broke. Guy was a warrior on the court.

By: larrybrown43

larrybrown43 — Thu, 06 Dec 2012 00:54:01 +0000

It’s a shame this overrated player didn’t spend some time and money on education. In particular, a few classes on economics.

By: mrlaloosh

mrlaloosh — Thu, 06 Dec 2012 00:50:25 +0000

Alan who?

By: dannymac17

dannymac17 — Thu, 06 Dec 2012 00:31:36 +0000

I beat myself up when i spend over 4k a month and thats on my mortgage, bills, and necessities.

This guy spending a month what most people make in a year and hes unemployed.

jesus.