Feb 6, 2013, 11:42 AM EST
There have been a lot of reports over the years about the state of Allen Iverson’s finances, some suggesting he is in a serious hole.
TMZ broke the story … Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He briefly fought off an auction … but ultimately, he couldn’t stop it.
Sources close to the sale tell TMZ … Iverson’s bank purchased the mansion yesterday for $2.5 million.
I want to believe the previous reports that Iverson has a trust set up and he gets a certain amount of money every year, that he is not broke. If course, getting an annual stipend doesn’t have anything to do within your means. Iverson also didn’t come off well in his divorce proceedings this week.
Iverson says he wants one more shot in the NBA but has turned down a path back to the NBA through the D-League. After his performance on and off the court his last year in the NBA before, teams are not going to give him a chance unless he goes to the D-League or Europe and proves he is physically and mentally right. I think the end result is Iverson will never be back in the league as a player. A consultant, maybe. But not a player.
Dec 20, 2014, 10:30 PM EST
A final look back at Rondo’s time in Boston as he gets set to make his debut with Dallas.
Dec 20, 2014, 9:00 PM EST
Cavaliers are tied with the Pistons for 23rd in defensive efficiency.
Dec 20, 2014, 7:11 PM EST
Kings are looking to make a splash, and Williams has been made available in trade by the Nets.
Dec 20, 2014, 6:30 PM EST
Dragic will opt out of the final year of his deal to become an unrestricted free agent this summer.
Dec 20, 2014, 5:00 PM EST
An expletive was added for emphasis.
Dec 20, 2014, 3:30 PM EST
No contact on the perimeter, yea he’s up for that.
Dec 20, 2014, 2:00 PM EST
The Christmas Day slate of games is (mostly) stellar.
Dec 20, 2014, 12:30 PM EST
Dunk of the year by Johnson had Drummond throwing elbows.
Dec 20, 2014, 11:00 AM EST
Rivers saw this coming just four games into the season.
Dec 20, 2014, 9:30 AM EST
Lin understands why Bryant always gets the ball in these situations, but admits he’d like to get some opportunities.
Dec 20, 2014, 8:00 AM EST
As the Thunder ended up winning by one, 104-103, this block ended up being very important.
Dec 20, 2014, 2:07 AM EST
Lillard needs to get mentioned with the game’s top point guards.
Dec 20, 2014, 12:49 AM EST
Young earned this one and will get to write a check to the league.
Dec 20, 2014, 12:02 AM EST
Former NBA player now trying to make his way as a fighter.
Dec 19, 2014, 10:50 PM EST
There are a whole host of reasons Rondo was traded; this is just the most convenient for Boston’s brass.
Dec 19, 2014, 9:40 PM EST
Nice gesture by the players.
Dec 19, 2014, 8:30 PM EST
…pretty smoothly somehow
Dec 19, 2014, 7:25 PM EST
Leonard was the Finals MVP for San Antonio last season.
Dec 19, 2014, 6:45 PM EST
Warriors coach has jokes
Dec 19, 2014, 6:35 PM EST
This is the smart move by the Thunder.
- Report: Kings discussing trade for Deron Williams with Nets 8
- Report: Multiple teams contacting Suns trying to trade for Goran Dragic 6
- Clippers rip officials after being called for seven technical fouls in loss to Nuggets 17
- Jeremy Lin after Kobe misses at the buzzer: ‘I like game-winners too’ 47
- Damian Lillard drops career high 43, leads Blazers to 3OT win over Spurs (VIDEO) 8
- Kendrick Perkins: Rajon Rondo wanted out of Boston 8
- Report: Minnesota agrees to trade Corey Brewer to Houston 7
- Dallas moves into title contender status with addition of Rajon Rondo 45