Shattered Dreams: 7 Reasons Why Allen Iverson Went Broke

Shattered Dreams: 7 Reasons Why Allen Iverson Went Broke

- By Bossip Staff
7 of 17

Nasty Divorce

His ex-wife Tawanna demanded alimony and child support for their five children after years of emotional-abuse and cheating during last year’s divorce proceedings. In a December 2012 court filing, A.I. revealed that his monthly income is $62,500 with monthly expenses over $360,000.

Of that $360k, approximately $125,749.33 goes to various creditors, jewelers and past-due mortgage payments.

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