How Allen Iverson Completely Blew Through $200 Million

Allen Iverson’s 2001 endorsement deal with Reebok is a lifesaver. His contract with Reebok includes a $800k yearly salary from Reebok for life as well as a $32 Million trust fund that Iverson will have access to when he’s 53 years old.

After burning through a fruitful career earnings of +$200 Million by 2012, Allen Iverson now has a second chance to stay in the green. Hopefully, AI has acquired the knowledge necessary to manage that $32 Million once he gains access to it.

In related news, read about how other athletes went broke below.