SMFH Allen Iverson Is Fukkin Homeless

[rm18]

http://www.sportsbusinessdaily.com/Daily/Issues/2001/11/Issue-54/Sponsorships-Advertising-Marketing/If-The-Shoe-Fits-Iverson-Reebok-Settle-On-A-Lifetime-Deal.aspx

maybe he has to be in the NBA for it to count Im not sure

[MUHerd37]

Don't feel sorry for him at all. Guy made more than over $200,000,000 in his career including endorsements? Guy is a moron to lose that.

[THE_LOCKSMITH]

New York Post, a source is reporting that Iverson has an account that contains $32 million. While he is prohibited from withdrawing from that account until he is 55, he is fed $1 million annually. That may pale in comparison to the $150 million he made over the course of his career, but he isn't a pauper by any means.

who knows what is really true

http://bleacherreport.com/articles/1194617-allen-iverson-doesnt-deserve-sympathy-for-misconception-of-being-broke

[PhillyFlyers]

New York Post, a source is reporting that Iverson has an account that contains $32 million. While he is prohibited from withdrawing from that account until he is 55, he is fed $1 million annually. That may pale in comparison to the $150 million he made over the course of his career, but he isn't a pauper by any means.

who knows what is really true

http://bleacherreport.com/articles/1...of-being-broke

Fukkin bleacher report. Last time I believed anything they said was never.

[GUMMO77]

I almost never feel bad for these athletes that go broke. The NBA, MLB, and NFL have programs set up for these dudes so they don't go broke; so many options.

Who would have thought Bonilla was one of the "smart" athletes.

[You mad bro]

he will be fine

[THE_LOCKSMITH]

just after tax and agent take, what percent are these guys left with. Its like like 15% to the agent and 30% to the government?

[You mad bro]

ill be paying for him to be on welfare soon .. so its all good

[BigDofBA]

ill be paying for him to be on welfare soon .. so its all good

Lol.

[marcoloco]

"Thug Life" he is just keeping it real "only the strong survive" just a few of his tattoos that he lives by

[Pick'nParlays]

Rarely the white dudes

Just sayin....

Maybe they stop wearing jewelry. Your a man after all

[Kermit]

M.C. Hammer was homeless and the next thing you know he's doing a duet with the Gangnam Style guy on the American Music awards.

[t-wizzle]

If anyone knows anything about being homeless its phillyflyers.

[PhillyFlyers]

If anyone knows anything about being homeless its phillyflyers.

You again fukkface? How many units are you down for the year on the NBA jerkoff? Still living at home with ya mom and pops I bet. Gambling with allowance money and making air bets. LOL

[t-wizzle]

You again fukkface? How many units are you down for the year on the NBA jerkoff? Still living at home with ya mom and pops I bet. Gambling with allowance money and making air bets. LOL

Anything would be better than living in the gutter like you.

[bjb7223]

practice man, fuking practice

[opie1988]

Hopefully the local Animal Shelter will take him in.

[lunchbawks]

You tools actually believe this TMZ shit?

[seaborneq]

Come to the party with nothing. Leave the party with nothing. Its the cycle of poorly upbrung athletes.

[Statman]

I wonder how much of this situation is due to losses in gambling.....

[Maverick22]

Why do you all assume he is homeless because you hear a story of ONE house going into foreclosure? Based on the article that house was for one of his lady friends.

You accuse him of frivolously spending in one comment and then think he only has one house in another.

A man that made anywhere close to 200M in a lifetime, guaranteed has another house somewhere. Let's be real here people.

Calling that man homeless is an egregious stretch

[Swinging Johnson]

But why can't they just put a little nest egg away? Is it really so hard to put $5 mil away in like a money market account and just say "that's for a rainy day and I'll never touch it unless absolutely necessary?"

Is it really that fukkin hard to put just a little bit aside for yourself? He really had to go and blow every fukkin penny until he was fukkin homeless?

Are they really that fukkin stupid?

Lotta rainy days in Philly. And when it rains, NBA players know that their mink coats only last through one storm. So what's a brotha s'posed to do? Dat's right, buy anotha.

[icancount2one]

Come to the party with nothing. Leave the party with nothing. Its* the cycle of poorly upbrung** athletes.

*It's
**brought up

Clearly whoever raised you skipped the part where they were supposed to teach you to speak English.

[PhillyFlyers]

Anything would be better than living in the gutter like you.

As you sit there in your mom's basement making air bets and handing out fade plays for the NBA.

[k13]

just after tax and agent take, what percent are these guys left with. Its like like 15% to the agent and 30% to the government?

Thought it was closer to 50% to the government....

[PaperTrail07]

"practice?" alone should grant him another 1,000,000

[KingDF]

But why can't they just put a little nest egg away? Is it really so hard to put $5 mil away in like a money market account and just say "that's for a rainy day and I'll never touch it unless absolutely necessary?"

Is it really that fukkin hard to put just a little bit aside for yourself? He really had to go and blow every fukkin penny until he was fukkin homeless?

Are they really that fukkin stupid?

If they were smart they'd pay CASH for an apartment complex so if they ever go broke, they have that income and a place to stay at least.

[PhillyFlyers]

I don't care what anybody says. AI is alright with me. I feel bad for him. Really bad. This shit, for some reason, always happens to our athletes here in Philly.

We had a boxer, a great one, named Jimmy Young. He fought Ali and got screwed out of a decision. I had a conversation with him once in a bar here in Philly. He told me "Every time he (meaning Ali) looked up at me I hit him. I must have thrown my jab 2000 times in that fight. I won that fight and they stole it from me."

Well, those words haunt me to this day. Jimmy Young died broke and homeless. He was living in a shack in the streets.

I think about him whenever I hear stories like Allen's.

[PaperTrail07]

agree...its sad...guy is not totally innocent though...teams should set up reserves that pay like a trust....meeting requirements....w/ player agreement at beginning

[Sdotbold]

People from the hood dont trust banks or white people. Haha. I dont feel a ounce of sorrow for these nba players but 70% of americans live paycheck to paycheck so can you actually say your any better? Most will have rebutals consisting of " well if i made millions of dollars...". Im sure when you moved into your first apt making 20-30k u got by just fine. As you made more money you spent more. People tend to consume 105%. Im a good saver but if i was out of work for 3-5 years( about how long it takes avg athlete to go broke) i'd be hurting too.

There really is no reason for a man his age to be out of work for 3-5 years! NONE. especially with a wife and kids. he needed to grow the fuk up back in 2001. I loved him growing up, but he still acts like he is 21 at 38 years old.

[gdoom]

Don't feel bad for that prick. $154 Million in career Salary. $50 M endorsement from Reebok.

IT is own fukkin fault. Smokin dat shit

[MUHerd37]

Bunch of pics of the $2.8 million house in side and out:

http://realestate.aol.com/blog/2013/02/07/allen-iverson-foreclosure-atlanta-home/?test=latestnews&ncid=txtlnkusaolp00000058&&ncid=txtlnkusaolp00000058

[cant call it]

And you know how I feel about the homeless.... they are people... and they don't have homes.

[Ralphie1412]

No sympathy whatsoever for these guys. Its pathetic and embarrassing. With all the money AI made he could never at least pay off a house in full to have for the rest of his life. Pay off the mortgage you penetrating thug.

If you put all your money in T bills at 2% you never have to do another thing again. I hate these guys.