Tuesday, January 31, 2012

SHOCKING: Former NBA Star Allen Iverson is in Financial Trouble

A judge has given a jeweler permission to garnish former NBA player Allen Iverson's bank account in an effort to recoup hundreds of thousands it says he owes on bling.   The jeweler said he bought nearly $700,000 in jewelry from  in 2008 and 2009 and paid more than $200,000 on his bill. Then he stopped paying, she said.  

Hey, When Stephen A. says you're in trouble...YOU'RE IN TROUBLE!

Iverson spent 14 years in the NBA, earning $154 million dollars. It certainly is a tough time time for the most famous and least productive player in the history of the Memphis Grizzlies.....the Memphis Grizzlies.  His story will NOT help the reputation of former NBA players as shrewd, long term financial planners. 

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