Looks like all the reports over the years of Allen Iverson throwing away his fortune after various stories reported financial issue, which were not entirely true after all.

With the help of a trusted confidante who didn’t sit idly by when Allen was “blowing through money fast”, it helped Iverson collectt a nice little nest egg, which will surely take care of him for the rest of his days, as it a reported amount of $32M.

What’s the catch? Iverson can’t touch the money until the age off 55 years of age, but receives an annual payout in the meantime.

tagged in Allen Iverson