Allen Iverson broke many ankles in the NBA, but can’t catch a break when it comes to his finances. An Atlanta mansion the former NBA All-Star and MVP owns has been foreclosed and is being put up for auction this week.
TMZ reports that the home, which Iverson purchased back in 2010 for $4.5 million in 2010, is being sold at auction on December 4th. According to records, A.I. defaulted on his mortgage payments and the property was foreclosed. The only way Iverson will be able to save his ATL crib, and all of its contents, from being sold is if he pays for it in all cash by the Tuesday deadline.
But considering the VA native with the famed money troubles is in the midst of a bitter divorce and hasn’t been dropping buckets on any pro basketball courts, that seems highly unlikely. Unless he sold A LOT of the Reebok “The Question” retros.
Speaking of questions—A.I. paid $4.5 milli for a mansion in Atlanta? His real estate agent is a world class thief. Check out photos of A.I. soon to be former home in the gallery.