The $32 million safety net that saved Allen Iverson from total financial collapse
Allen Iverson's 2001 Reebok deal included an $800,000 annual stipend and a $32 million trust fund, accessible at age 55. Despite financial struggles and a divorce settlement that split the trust, Iverson is set to receive $16 million in 2030. He has also returned to Reebok as VP of basketball and published a memoir.
Allen Iverson's 2001 Reebok deal included an $800,000 annual stipend and a $32 million trust fund, accessible at age 55. Despite financial struggles and a divorce settlement that split the trust, Iverson is set to receive $16 million in 2030. He has also returned to Reebok as VP of basketball and published a memoir.
