Once a multi-millionaire Allen Iverson is a former American Professional Basketball player who played both as point guard and shooting guard for 14 seasons of NBA.
11-time NBA All-Star Allen Iverson or “The Answer“ is known for his amazing athletic skills, speed, and scoring on the basketball court. Despite his 6-foot stature point #3 is one of the most renowned crossover dribble one-on-one players in Basketball history.
NBA Superstar Allen Iverson aka AI is the most influential figure after Michael Jodan in Basketball, changed the industry of how should players dress on the court.
2001 All-Star Game MVP Allen Iverson earned more than $150 million from his basketball earnings alone. And it’s missing Iverson’s brand endorsement money which was more than $60 million at that time.
Then what happened to Allen Iverson who went down from multi-millions to a million net worth?
In this blog, we will cover Allen Iverson’s current net worth and his overall net worth throughout his career. This monologue will also cover Allen Iverson’s bio, age, career, teams, family, and relationships.
Allen Iverson Net Worth 2024
Philadephia 76ers all-time star Allen Iverson is one of the most respected figures in Basketball and who started a legacy of the Basketball Reebok. Allen Iverson had the highest-paid contract with the Detroit Pistons in 2008 worth $20 million.
During his 14-year NBA career, Allen Iverson made $155 million from his professional basketball career alone.
The table had Allen Iverson’s salary income for every team
Team | Time | Million |
---|---|---|
Philadephila 76ers | 1996-2006 | 1996-97 $2.2 million |
1997-98 $3.1 million | ||
1998-99 $3.5 million | ||
1999-00 $9 million | ||
2000-01 $10.1 million | ||
2001-02 $11.25 million | ||
2002-03 $12.3 million | ||
2003-04 $13.5 million | ||
2004-05 $14.6 million | ||
2005-06 $16.4 million | ||
Denver Nuggets NBA | 2006-07 | $17.1 million |
Denver Nuggets NBA | 2007-08 | $19 million |
Detroit Pistons NBA | 2008-09 | $20.8 million |
Philadelphia 76ers | 2009 | $1.029 million |
Memphis Grizzlies | 2009-10 | $161 thousand |
Allen Iverson once had more than 200 million income from his basketball career and brand endorsements fees but lost all due to his irrational behavior. No doubt Allen Iverson was a demi-god on the court.
However, his ludicrous expenditure, his disputes with his wife, and several altercations involving guns, speeding charges, and cannabis all led him to lose his fortune. Allen lost his mansion in Atlanta, Georgia, in 2017 due to foreclosure after defaulting on a $1.2 million mortgage and sold his upscale suburban home worth $4.5 million for only $725,000 in 2019.
According to an Afrotech report, Allen Iverson has a $1 million net worth as of 2024, all thanks to his lifelong contract with Reebok. He signed a deal with prominent footwear & clothing brand Reebok and launched his own AI Reebok Question sneakers range during his time with the 76ers.
The contract mentioned $800 thousand per year annual income and will get his Allen Iverson trust fund worth $32 million on his 55th birthday in 2030. AI received his annual income as a Reebok’s vice president which he earned as the founding father of the Reebok Basketball sneakers.
Apart from Reebok’s annual salary, the Sixers legend Iverson also has his own cannabis product line with Harrington’s Viola company. Allen’s large amount of income comes from his brand endorsements including IO Moonwalkers, Packer Shoes, Stance, and T-Mobile.
The table below has all the information about Allen Iverson’s net worth in 2024.
Allen Iverson Overall Net worth in 2024 | |
---|---|
Net worth in USD | Approx $1 million plus |
Yearly Income/Salary (Reebok) | USD 800K |
Allen Iverson Trust Fund Money | USD 32 million (2030) |
Source of Income | Reebok, Viola Brands, IO Moonwalkers, Packer Shoes, Stance, and T-Mobile. |
Allen Iverson Career, Teams, Position
In 1996 Philadelphia 76ers selected Allen Iverson as the 1st overall pick in the NBA Draft. During his 14 seasons in the NBA career, AI played for the 76ers, Denver Nuggets, Detroit Pistons, and Memphis Grizzlies.
1996 NBA Rookie of the Year Allen Iverson has recorded an average of 26.7 points in regular games and in his playoffs, an average of 29.7 points per game after Michael Jordan.
Iverson represented the National United States Basketball team in the 2004 Summer Olympics and Bronze back to home. Averson rejoined the 76ers in 2009 for a $1 million contract and after a while joined the Memphis Grizzlies. He signed a two-year contract with the Turkish Professional Basketball team Besiktas in 2010.
Allen Iverson said goodbye to his Basketball career and retired in 2013. The future Hall of Famer remains the most influential figure in the sports industry.
The Table shows all the details of Allen Iverson’s career, teams, NBA seasons, and position-
Career | |
---|---|
Debut | 1996 NBA Draft by Philadelphia 76ers |
Position | Point guard, Shooting Gaurd, Combo Gaurd |
Last Team | Memphis Grizzlies |
Retired in | 2013 |
Total NBA seasons | 14 Seasons |
Previous NBA Teams | Philadelphia 76ers, Denver Nuggets, Detroit Pistons, Memphis Grizzlies |
Allen Iverson Bio and Personal Information
Allen Ezail Iverson was born on 7th June 1975 in Hampton Virginia to a single mother age of 15. He became the greatest shooting guard despite his small stature of 6 feet who weighs 75kg. Allen’s hair color and eyes are black and his zodiac sign is Gemini.
The table below has all the details of Allen Iverson’s Bio and Personal Information
Bio & Personal Information | ||||||
---|---|---|---|---|---|---|
Birth Date | 7 June 1975 | |||||
Birth Place | Hampton, Virginia | |||||
Age | 48 Year (2024) | |||||
Height | 6 feet (1.83 m) | |||||
Weight | 75 Kg | |||||
Hair Color | Black | |||||
Eye Color | Black | |||||
Zodiac | Gemini | |||||
Nationality | American |
Allen Iverson Family and Relationships
Allen Iverson was raised and born by his single parent and mother Anne Iverson. His father Allen Broughton has no role in his upbringing. Iverson has three half-siblings named Brandy, Leisha, and Mister.
48-year-old Allen Iverson married to his high school sweetheart Tawanna Turner in 2001. Both Allen Iverson and Tawanna Turner shared five children named Tiaura, Allen II, Isaiah, Messiah, and Dream.
Tawanna Turner filed a divorce because of the domestic dispute between her and Iverson. However, Allen and Tawanna reconciled after their divorce in 2013 and still live together.
The table below has all the details of Allen Iverson’s Family and his relationship.
Family Background And Relationships | |||||
---|---|---|---|---|---|
Father | Allen Broughton | ||||
Mother | Anne Iverson | ||||
Siblings | Brandy, Leisha, and Mister | ||||
Marital Status | Divorced | ||||
Ex-Wife | Tawanna Turner | ||||
Children | Tiaura, Allen II, Isaiah, Messiah, and Dream. |
Allen Iverson is the most prolific basketball player who changed the basketball court and left a long-lasting impact in NBA history.
FAQs
Q1. What is Allen Iverson’s net worth in 2024?
Ans. Allen Iverson has an estimated net worth of $1 million plus in 2024.
Q2. Is Allen Iverson married or single?
Ans. Allen Iverson divorced to his wife Tawanna Turner in 2013. However, both resolved their issues and still live together
Q3. When is Allen Iverson’s birthday?
Ans. Allen Iverson’s birthday is 7 June 1975 and he is 48 years of age as of 2024.
Q4. What is the Allen Iverson Trust Fund maturity date?
Ans. Allen Iverson trust fund maturity date is 7th June 2030.
Q5. How much did Allen Iverson get from his Reebok’s lifelong deal?
Ans. Allen Iverson receives $800k every year and a $32 million trust fund on his 55th birthday in 2030.