Allen Iverson net worth is only $1 million as of 2022. He has more than $150 million in NBA contracts, and many endorsements. Iverson isn’t as rich as other stars who have retired.
Iverson signed a 20-year-old lifetime contract with Reebok. His net worth will soar in just eight years thanks to this deal. The four-time scoring champ will be a multi-millionaire at his 55th birthday.
This article will tell you everything we know about Allen Iverson’s net worth, and how it will change in 2030.
Allen Iverson’s net worth skyrocketed thanks to his Reebok deal
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In 2022, Nike and Adidas were the largest footwear companies in the globe. However, things were very different in Allen Iverson’s time.
Iverson was at his peak in 2001. After averaging 31.1 point, 4.6 assists and 2.5 steals, he led the Philadelphia 76ers into the NBA Finals. He was a 6-foot guard who was highly marketable and loved by all.
The clever guard signed a Reebok deal this year. It saved him. Iverson was paid $800,000 per year by the footwear company. The point guard was also included in the trust fund.
Allen Iverson’s net wealth will soar in 2030 because of the trust fund. The trust fund will also make Allen Iverson a multi-millionaire. He will be receiving $32 million from the company.
Iverson will not be able to access the money until his 55th birthday. This is not a bad thing. This money will be greatly beneficial to Iverson, a Philadelphia 76ers legend who has had financial problems since retiring.
Iverson will have to split his Reebok money
The 31-year-old 11-time All-Star won’t receive $32 million from his own account. Tawanna Iverson, his wife filed for divorce in 2010, the last season of Iverson’s NBA career. She will receive half the trust fund money and her divorce proceedings were finalized in 2013.
Allen Iverson will still greatly benefit from the trust fund, even though he was unable to receive the entire amount. His 55th birthday, given his past financial struggles, will be amazing!
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