How much is Allen Iverson’s Net Worth? $1 Million!
Born in Hampton, Virginia, Allen Iverson was an athlete for many years before finally settling on basketball. Allen Iverson is a former professional basketball player. Iverson attended Georgetown University under the guidance of Coach John Thompson. He won Big East Defensive Player of the Year award twice during his tenure at Georgetown University. In his first year at Georgetown University, he won Big East Rookie of the Year. He was named First Team All American and left Georgetown University early as the Hoyas’ all-time leader in career scoring average. After his second year at Georgetown, he declared for the NBA Draft.
Allen Iverson’s net worth is believed to be less than one million dollars. In 2012, Iverson claimed that he was broke and could not pay his obligations to creditors. Though Iverson’s monthly income is about $62,500, he spends roughly $360,000 per month on expenses.