Allen Iverson is an NBA Hall of Famer and one of the greatest players to touch the court. His time with the Philadelphia 76ers was legendary and despite not having a championship ring, he is still remembered for crossing up Michael Jordan and many others on the court. We decided to look into Allen Iverson’s Net Worth to see just how well he is doing financially following his retirement from the game.
Iverson has a mean crossover and an even meaner lifetime contract with Reebok that makes up most of his net worth. Every year Iverson receives $1 million a year and when he hits 55-years-old, he’ll receive a large sum of a trust fund that was set up by the company.
That sum was originally said to be $32 million however, in his divorce settlement, his ex-wife Tawanna Nicole Turner will be receiving half of the trust.
Iverson had a history of tough financial problems and over the years his wealth had deteriorated but is back on the rise up. As Iverson earns the $1 million a year from Reebok, we estimate he earns another $500,000 from various endorsement deals and appearances.
So, in total, we believe Allen Iverson’s net worth to be a cool $1.5 million with the number expecting to rise when Iverson turns 55.