Allen Iverson’s Addictions Causing Him To Go Flat Broke?!

Posted on April 16th, 2009 - By Bossip Staff

Categories: News, We Broke It Here First!

Posted by Bossip Staff

Allen Iverson

Damn, it’s a bad season for athletes all around. Bossip just caught wind that Allen Iverson’s additions to alcohol and gambling are causing him to go broke:

Our highly placed source reports: Allen’s gambling problem is getting the best of him. He’s cleaned out a lot of his bank accounts. He’s being very reckless and foolish with his money and it’s showing in his behavior. Hopefully being banned from the Detroit casinos will serve as a wake up call. He’s even reached out various outlets for financial assistance.

SMH.

Here’s the casino drama we’re re:

Allen Iverson has gone from being a one-man economic stimulus plan for the city’s downtown casinos to persona non grata. He has spent a ton of money down there, but recently he’s been banned from both MGM and Greektown casinos.

The NBA is looking into a disturbance at Greektown that involved one of Iverson’s body guards. Iverson may have been trying to act as a peacemaker but his body guard was involved in some kind of tussle.

Iverson, though, has been banned mostly for his boorish behavior. He is a bad loser, and he loses a lot, often throwing his chips or cards at the dealer. He has been warned about improper behavior at the tables repeatedly. He is often loud and disruptive, according to witnesses, rude to dealers, other players and the wait staff.

Earlier this season, Iverson caused a disturbance at a casino outside of Minneapolis. He’s also earned a bad reputation at Atlantic City.

You know Iverson’s behavior has to be really bad for a casino to ban him. As much money has he spends and losses, and with the casinos all fighting bankruptcy, wow, he had to be a nightmare.

Source

  • @ Loving Life

    first

  • http://www.gravatar.com/avatar/cd822fe5b34132ba006aae9218dd7cc3?s=80 2ndSunShine

    1st

  • Rena

    what broke

  • john hope franklin

    good luck buddy..

  • Moreaces

    He needs to put the booze down.

  • http://gallery.me.com/silkyj/100088 Txhustla15(Loungin in the Austin Weather)

    Sounds credible just like the pre-war intelligence ..

  • Bella Caramella*

    AI please get it together.

    )=

  • PUSSYCATFUN

    LMBAO @ DR. WINKIE!!!!!

  • HarlemWorld

    Chill out A.I. this is not a good look… You need this next contract!

  • juicy

    its sad that his life is unfolding in this way and that worst thing about it is the effect it is having on his family hopefully he will get some help but its the usual case where people with a lot of money getting bored and feeling like they can get away with anything

  • Back on My Swag

    AI is no where near broke…if he retires he will receive between 10-50 stacks a month… FO LIFE!!

    But, he does have a very weak-minded wife and a co-dependent mother. Without a strong sista by his side, he was left to the voltures that are his friends (new and old) and groupies.

  • c from stl

    a fool and his money shall soon part…

  • Shawne08

    Lies! He is no where near being broke!

  • sherockz1

    AI’s vices aren’t anything new to the game.
    He’s just getting an early jump on it.

    Michael Jordon waited until he ended his career before he became the gambling addict/alkee.

  • DR.FUNK

    @ HarlemWorld

    Chill out A.I. this is not a good look… You need this next contract!

  • DR.FUNK

    ‘Aint gonna be no “next contract”. He’s near THE END.

  • barb

    apparently im the only one who finds this funny.

    i have little to no sympathy for adult dummies. especially rich ones.

  • DR.FUNK

    Besides…rule #1 of free enterprise is:
    “A FOOL & HIS MONEY SHALL SOON PART.”

    The corollary to that rule is:

    “IT IS IMMORAL TO LET A FOOL KEEP HIS MONEY.”

  • Fools Paradise

    No matter how rich or poor. If your sick, owe the government or the mob you’ll end up broke.

    “A fool and his money are…Hey, where’s my wallet?”

  • Brooklyn, Stand UP!™

    Sad…. Hope he recovers. Good luck Allen.

  • white male

    Is AI happy Obama raised his taxes??

    Its hard to believe a guy who has made like 200 million dollars is broke, even if the government takes half, AI made about 25 million this year alone.

  • WordtotheWise

    Some of you need to understand that AI is a grown man. Quit blaming his wife and family for HIS behavior. The problem with a lot of women is that they want to mother, rescue and save the men they are with. Try having tough love and allow these grown men to take responsibility for their actions. Unless you know AI, you don’t know what his wife/family have done to help him, but a person can’t be helped unless they choose to help themselves. Women quit trying to be your man’s mama. Make him grow up. I’m not saying we don’t help and support our man, but ultimately HE has to be the one to want to change. We try to change men too much and we fail.

  • WordtotheWise

    BTW, I don’t know if the story is true or not, I just wanted to throw my opinion out there based on the story.

  • SW1223

    typo

    untrue

  • CottonCandy

    How could A.I. be so foolish? He makes millions a year and is about to go broke? His poor kids. He has a gang on them too.

  • WordtotheWise

    SW1223>>>Okay. Gotcha.

  • Keeping It Real

    These gossip sites are hilarious..lol. This dude makes over 19 million dollars a year and he’s going broke. Give me a break

  • http://bossip.com This some shhhh…

    I saw AI in high school in Va. That kid was the truth, then. He crossed over on a dude and the dude threw up on court, it was so sick.

  • Yeah I know him…

    Come on chuck..get yourself together baby…you can take them out the ghetto but not the ghetto out of him or his fam. Dayum shame.

  • 5 ft. of madness

    I’d still hit it

  • About it

    He is straight up ghetto, can’t expect much.

  • jazziphile

    Wasn’t his mother’s house reportedly in foreclosure…?

  • SW1223

    I am incensed.

  • young money aka we da best

    This article is a lie think about it this guy has been in the nba 12 years with a 15 million dollar contract and a shoe and clothes endorsement to go along with dat if he’s going broke now he wasn;t getting paid that much from the jump!!!!!!!!!!!!!!!!!!

  • lovely1

    @ WordtotheWise

    cosign everything you said AI needs to take responsibility for his own actions and grow up and women need stop trying to be these dudes mamas and start holding them accountable..

  • http://jhsdjjsdjsd@yahoo.com james

    all i know is iverson shoulf be playing in da playoffs dis weekend but he is not…

    and i heard he is only gonna maker da league miimun next year…

  • Woudat X

    u know that tweak the odds for athletes so that they lose most of the time right?

    I mean even more so than regular civilians. That’s why besides the addiction problem, athletes who gamble always lose. The spread is so much larger for the rich- especially dumb rich athletes like the great Jordan, Barkley and now IVerson. SMDH

  • Woudat X

    *u know they*

  • LawdhavMercythisshitis real

    damn waist of talent lame wat a lame he is didnt he learn from m Jordan when he had his gambling problem … these celebs and sportainers really think they are unbreakable ….

  • Bmarie

    Let’s not forget the fact that not only is he forever in Motor City, but I know of at least 3 strip clubs he is known to be in…

  • http://yahoo.com Mark A

    Ahhhhhh, drink ah cooler, and play some spades, drop your boys that’s digging in your pockets. And stay out of the hood, you know some of your boys in the hood be hating, cause you made something of yourself. Make them pay for some drinks, they got pockets too, they’re just not as deep as his.

  • http://bossip harry johnson

    Bubba chuck aint broke

  • http://bossip cookie

    AL HAS ALWAYS BEEN A HOOD RAT, HIS MOTHER IS TOO, AND LIKE I HAVE SAID BEFORE YOU CAN TAKE THE MAN NE OUT OF THE GHETTO, BUT NEVER THE GHETTO OUT OF THE MAN.

  • http://STACEYHARRIS.COM S. MARIE

    MAYBE THE GAME OF “BLUE RAY” GOTCHA,,, 150K STAKES IS QUITE HIGH!!

  • NYCtoHNL

    The booze and the drugs will eventually sneak up on you and take you down.

  • http://BOSSIP MISS PRISSY

    COME ON BOO! U MADE IT OUT THE HOOD N NOW UR F’N UP. MAN UR A LEADER TO ALL KINDS OF PEOPLE.
    FOR YOU TO B ACTN LIKE YOU AINT GOT NO GOD D*MN SENSE GETTN THROWN OUTA CASINOW, DATS ASHAME.
    GET YA SELF TOGEATHER FOR YOU BE JUST ANOTHER NIGG IN THE FACE OF SOCIETY . U CAN MAKE A DIFFRENCE!

  • fdsfasfasdf

    the dude can never go broke not just becuase of his nba salary but reebok pays him 5 million a year for life. his entire life reebok will pay him 5 million dollars.

  • Doug

    “The Answer”…

    …to the question, “Who’s the biggest jerk in pro basketball?”

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