Allen Iverson net worth is -$1 million. As reported by Forbes, Iverson had previously earned over $200 Million during his NBA career. However lately the player had filed for bankruptcy after he failed to pay the dues. Beginning his career in 1996, Iverson has earned $ 154 million in salary alone. Apart from that, he had endorsements, investments, and other ventures however as of now he is broke. The reason for his negative fortune is his debts which include $859,000 that needs to be paid back to a Georgia jewelry store.
There were also reports that despite being insolvent, Iverson has an account worth $32 million. However due to some limitation, he cannot access the account before he turns 55. Apart from that, it was also reported that once he turns 45, he will eligible for NBA pension. Getting $ 8000 per month, he will receive $ 96,000 annually, which eventually means a bit relief.
|Weight||165 lb (75 kg)|
|Height||6 ft 0 in (1.83 m)|
|Allen Iverson net worth (present)||-$ 1 million|
|Allen Iverson net worth (previous)||$ 210 million including Reebok deal|
For Allen things will change favorably only after he gets access to his $ 32 million dollars account.
The chart clearly shows the wide difference in between the players. As Chris Webber secures the first position with $ 200 million. Next comes Dwyane Wade followed by Charles and Allen.
Allen Iverson Income as a basketball player.
- 2009-10 : $180 thousand
- 2009-10 : $1.029 million
- 2008-09 : $20.8 million
- 2007-08 : $19 million
- 2006-07 : $17.1 million
- 2005-06 : $16.4 million
- 2004-05 : $14.6 million
- 2003-04 : $13.5 million
- 2002-03 : $12.3 million
- 2001-02 : $11.25 million
- 2000-01 : $10.1 million
- 1999-00 : $9 million
- 1998-99 : $3.5 million
- 1997-98 : $3.1 million
- 1996-97 : $2.2 million
- Total Career Earnings: $155 million, which indeed makes his net worth so high.
Apart from his income from teams like Philadelphia 76ers (1996–2006), Denver Nuggets (2006–2008), Detroit Pistons (2008–2009) and Memphis Grizzlies (2009), he also made some extra money by appearing on movies. Till now, the NBA player has appeared in three movies and has also worked on some music tracks.
Born on June 7, 1975, in Hampton, Allen attended Bethel High School. Even during his high school he showed great passion for sports. He was a proficient player in both football and basketball. However later he chose basketball over football.
After playing well in Collge days, Iverson was finally selected in 1996 NBA draft by Philadelphia 76ers. Being just 6 feet tall he was much smaller than the regular basketball players. Thus, he even became the shortest first overall pick ever to be selected.