How much is Allen Iverson worth?
|Net Worth:||$1 Million|
|Profession:||Professional NBA Player|
|Date of Birth:||June 7, 1975|
|Country:||United States of America|
Who Is Allen Iverson
Allen Ezail Iverson or as his nickname goes “the Answer”, or “AI”, is an American former professional basketball player. He was born on June 7, 1975, at Hampton, Virginia. Iverson attended Bethel High School in Hampton, Virginia, and was talented in both football and basketball. After high school, he went on to play college basketball with the Georgetown Hoyas. He started his playing career in 1996 and stopped in 2011.
Allen retained his mother’s maiden name after his father, Allen Broughton, left the family. He was given the nickname, “Bubba Chuck” during his early childhood years as his friend Jaime Rogers said Allen always looked out for the younger children in the neighborhood and would teach everyone. On February 14, 1993, Iverson and his friends got involved in an altercation at a bowling alley in Hampton. A fight ensued, which led to the arrest and conviction of Iverson and his three friends. The sentence was later overturned in 1995 for lack of evidence, yet it still left another mark on his public record.
Allen Iverson earned $154,770,668 during his NBA career. Today, as of 2020, he has a net worth of just $1 million dollars.
How Did Allen Iverson Get So Rich?
Iverson came with both swagger and personality to the game. The only problem, as soon as Iverson started making money he became known for living a lavish and extravagant lifestyle. In fact he ended up blowing much of his NBA earnings on gambling, cars, jewelry, and mansions. Here is a breakdown of his earnings during his rookie years:
Iverson was reported to have earned an estimated $154,770,868 with four teams, per Spotrac in the course of his 14-year career. He earned an average salary of $9,266,244 when he played 10-plus seasons with the Sixers. Also, he made an estimated $18,098,438 when he played a double season with the Denver Nuggets.
His biggest paycheck came in his single season with the Detroit Pistons in 2008; he earned $20,840,625. Before his mutual parting with the Memphis Grizzlies, he earned $437,609 with the team.
Iverson was rated one of the top-10 highest-paid players from 2004 to 2009. However, despite all his earnings, today he is estimated to have a net worth of only $1 million.
Why Is He So Famous?
During his career years, Iverson was known for being an explosive and exciting player on the court and a controversial figure away from the game. He is the first famous athlete to be strongly associated and identified with the hip-hop movement.
Controversy and success came to Iverson at an early age. In his junior year, he led his high school football and basketball teams to state championships. Yet he was accused at age 17 of instigating a racially charged brawl, which took place in a bowling alley. He was convicted even though it was later overturned two years later.
Iverson got a scholarship to study at Georgetown University in Washington DC, where he scored an average of 23 points per game over 2 years. He also won two Big East Conference Defensive Player of the Year Awards.
Even though he was one of the smallest players, Iverson was chosen as the first overall pick in the 1996 National Basketball Association (NBA), a major kick-start to his career. He won numerous awards, which brought him into the limelight, such as the NBA Most Valuable Player (2001), All NBA Third Team (2006), NBA Rookie of the Year (1997), First Team All-Big East (1996), and so on. Yet there has always been something about his personality that attracts trouble and spends thoughtlessly. That’s why Allen Iverson has such a low net worth today.
What Made Iverson Successful In The NBA?
Opinion is so mixed about Allen Iverson it’s incredible. Some fans see him as the most important NBA Player since Micheal Jordan, others seem his as a thug turned basketball player. Despite his controversial nature, almost everyone would agree that he is a talented player. In fact for many, Iverson was the reason they tuned in and watched the games because his performances was often epic.
True, he fell into lots of trouble, was put in jail at least twice during his youth; however, he didn’t let his life outside the game destroy his career. He left a mark on the league, and his defiance propelled him to anti-hero status.
Allen Iverson was an incredible ball player yet couldn’t seem to shake traits that often led him into the worst situations. Despite all his efforts in the NBA, today he has little to show for it. That’s not to say he isn’t remembered as a legend, yet his downfall somewhat overshadows his success.