Does Allen Iverson still have a Reebok deal?
This year, the crafty guard decided to sign a deal with Reebok, which eventually ended up saving him. The footwear company inked a lifetime deal with Iverson that pays him $800,000 a year. The company also set up a trust fund for the point guard. Due to the trust fund, Allen Iverson’s net worth will skyrocket in 2030.
When did Allen Iverson get his Reebok deal?
When Allen Iverson was drafted into the league in 1996, he instantly signed an endorsement deal with Reebok. During the duration of Iverson’s epic career, Reebok sneakers were on his feet.
How did Allen Iverson lose his wealth?
Allen Iverson’s net worth nosedived after 2012
He failed to pay an amount close to $900,000 owed to Aydin and Company Jewelers. While the court gave permission to the company to charge the bill directly from Iverson’s account, it did not have enough money and Iverson filed for bankruptcy.