Shattered Dreams: 7 Reasons Why Allen Iverson Went Broke

Shattered Dreams: 7 Reasons Why Allen Iverson Went Broke

- By Bossip Staff
6 of 17

Mortgage Crisis Casualty

He purchased his lavish six-bedroom, nine-bathroom Denver mansion for $3.875 million in 2008 (before his career crumbled) that later fell into foreclosure, and sold for $2.85 million. Do the math.

Last year, his foreclosed Atlanta mansion sold for $2.5 million. A.I. purchased the home for $4.5 million in 2010. SMH.

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