Allen Iverson Spends More than 6 Times His Monthly Salary

Comments:  | Leave A Comment

allen-iverson

Allen Iverson isn’t working, but he’s making a nice living – $62,500 a month.

But the former NBA star is living a lifestyle way beyond his means, spending $358,376.66 a month according to an entertainment watchdog website.

TMZ reports that more than $125,000 of his money is going toward paying off several creditors, including his jeweler and mortgages. And his Atlanta home is going to be auctioned off soon.

His spending is more than out of control. He spends $10,000 on clothing each month, along with $5,000 on entertainment and another $5,000 at restaurants.

Iverson made more than $150 million during his NBA career, but at the end of each month, he falls almost $300,000 further into debt.

via EurWeb

Allen Iverson’s Wife Robs Him? Allen Wants Wife Thrown In Jail!

Tags: » » »

Comments

One thought on “Allen Iverson Spends More than 6 Times His Monthly Salary

  1. Pingback: Judge to Allen Iverson: You’re a HORRIBLE Parent! | Z 107.9

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 665 other followers