Former NBA starÂ Allen Iverson, is even more in debt than we know. He allegedly has more bills each month than his monthly income BUT why is he still rolling in a Maybach?!
TMZ reports, Iverson filed documents in the Georgia court as part of a divorce battle with ExÂ Tawanna Iverson which had to include his financial situation.Â Allen brings in $62,500 in monthly income, but his expenses are $358,376.66 per month. WHAT?! *blank stare*
According to the documents $125,749.33 is spent paying off various creditors,Â his mortgages and more. Other expenses include:Â $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants….Â Iverson who in his career has made over $150 million in the NBA is in the hole Â $295,876.66 each month. Currently he rides around in his FULLY paid off Maybach and is worth between $34-40,000. HeÂ still has his Maybach (which is fully paid off) … and reportedly worth between $340k – $400k.