The 11-time All Star’s divorce proceedings have shed some light on Iverson’s dismal situation. According to Sports Illustrated, Iverson is bringing in about $60,000 a month at the moment but he is also spending more than $350,000. Most of that money is being used for mortgage payments and to pay back creditors but Iverson also spends a lot on clothes, restaurants and entertainment. SI writes: “Allen says he blows a lot on OTHER expenses too … like $10,000/month on clothes, $10,000/month on gro
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Allen Iverson foreclosure
