Allen Iverson: Coughs Up $3 MILLION In Nasty Divorce Battle (Final Settlement Details)

Former NBA star Allen Iverson finally struck a deal in his bitter divorce battle with his estranged wife and all it took was a cool $3 MILLION to bury the hatchet. And on another note, blessed are the young, for they shall inherit the national debt. Whatever that’s about.

Allen Iverson: Coughs Up $3 MILLION In Nasty Divorce Battle (Final Settlement Details)

Reports TMZ:

We’re told Iverson and Tawanna — who married way back in 2001 — informed a judge last week they had reached a financial settlement outside of court in their ongoing divorce case … just days before the two were set to go to trial.

Sources connected with the couple tell TMZ … as part of the deal, the NBA legend agreed to pay Tawanna $3 million, paid out as a large lump sum. We’re told Iverson also agreed to fork over various assets and a percentage of his future Reebok endorsement deal checks. He’ll pay up child support payments for the duo’s five kids.

On the bright side for Iverson, we’re told he scored the couple’s GA mansion (which is currently facing foreclosure … so not so bright) and gets to keep his primo ride, a Maybach, as well as other personal belongings.

The settlement comes after a brutal year-long fight between the former lovers … which included allegations of infidelity, hiding money, and petitions for restraining orders.

And now…

This is EbenGregory.com…telling you if you count all your assets, you always show a profit.

Comments

  1. The men knows when they are well known into the celeb spot-light they have all types of trashy women wanting to get half or all so, they use their fake body parts or plastic surgery beauty looks. to hook the rich fish. To you rich black brothers if you going to fall in love with a fake and gold digger but, you don’t care, have the decency to use the common sense you were born with and get a damn prenuptial before marriage. All this brother should had to pay for is, child support for the 5 kids they have and that’s it.

  2. avatar Tee says:

    He can always stop the foreclosure auction, and even get it’s principal reduced. I hope he has a great financial planner from now on to help him from going broke.

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