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Allen Iverson’s Total Net Worth: How Much Did He Earn?

Who Is Allen Iverson?

Allen Iverson, famously known as “The Answer,” is a retired American basketball player. He spent 14 years playing basketball as a point guard and shooting guard. He was considered the 5th greatest shooting guard of all time. He was famous for his zig-zag hairstyles and expensive lifestyle. However, he was indeed talented and became an Olympic medalist, Hall of Famer, and NBA MVP.

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Personal Details

  • Celebrity Name: Allen Iverson
  • Full Name: Allen Ezail Iverson
  • Gender: Male
  • Birth Date: June 7, 1975
  • Birth Place: Hampton, Virginia, US
  • Age: 44
  • Height: 1.83m
  • Weight: 75 kilos
  • Nationality: American
  • Sexual Orientation: Straight
  • Status: Divorced
  • Wife: Tawanna Turner, married 2001-2013
  • Children: Allen Iverson II, Dream Alijha Iverson, Messiah Lauren Iverson, Rahsaan Iverson, Tiaura Iverson
  • Profession:  Former professional basketball player
  • Allen Iverson Net Worth: $2 million

Early Life

Allen Ezail Iverson was born on June 7, 1975, in Hampton, Virginia to parents Ann Iverson and Allen Broughton. His parents never married and he was brought up by his mother. They lived in a neighborhood where violence and drugs were rampant.

He attended Bethel High School and at first, played for the school’s football team as the quarterback. He then joined the school’s basketball team, where he helped them greatly in going to the Virginia State Championships.

Later on, he was arrested and was sentenced to 15 years in jail. Fortunately, he only did five years and went to Richard Milburn High School. After graduating from high school, he earned a scholarship from Georgetown University.

He may have been involved in several troubles, but Allen Iverson was able to put his career back on track. While playing for the basketball team of Georgetown University, he was able to lead them to Elite 8 in NCAA Championship.

Personal Life

Little is known about Allen’s personal life. He married his high school girlfriend, Tawanna in 2001. They have five children together – Allen II, Dream Alijha, Messiah Lauren, Isaiah Rahsaan, and Tiaura. However, in 2010, Tawanna filed for divorce and child support. 

Allen Iverson Career

Iverson’s career began going in the right direction after he was awarded the “First Team All-America” and “Big East Rookie of the Year.” This was when he lead his team at Georgetown University to the Big East Championship.

After participating in two seasons at Georgetown University, he was drafted in the 1996 draft in the NBA by Philadelphia 76ers. He was indeed a great addition as the team had 18-64 records. With his help, the Philadelphia 76ers was able to reach the 2001 NBA Finals but were defeated by the Los Angeles Lakers with a 4-1 score. In 2006, he left the team.

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In 2007, Allen was drafted by the Denver Nuggets, where he played for two years. After that, he transferred to the Detroit Pistons but only stayed there for a year.

In 2009, he signed a contract with Memphis Grizzlies for a year. He then returned to Philadelphia 76ers for the 2009-2010 season. He played for Besiktas in 2010 and 2011. In 2013, he decided to retire from professional basketball.

Awards and Achievements

Allen Iverson was considered as one of the best basketball players with an impressive record of 26.7 ppg and 24,368 points. Some of the awards he received are NBA Rookie of the Year in 1997, 3-time NBA Steals Leader, 7-time All-NBA, 2-Time NBA All-Star Game MVP, 11-Time NBA All-Star, 4-Time NBA Scoring Champion, NBA MVP 2001, and Hall of Famer Class of 2016.

Allen Iverson Total Net Worth 2020

To date, Allen Iverson is known to have a net worth of $2 million. There are rumors circulating that he is broke and has spent all of the $150 million he has earned from his career. This is because of the kind of lifestyle he lives. He has purchased luxury cars, expensive houses, and pieces of jewelry, and went to extravagant vacations.

For now, he receives $1 million each year from his lifetime deal with Reebok, although he has a trust fund set up that entitles him to get $32 million once he turns 55 years old. He will also receive a pension worth $1.4 million and an $8,000 monthly allowance once he turns 45 years old.