Report: Allen Iverson is not broke because a friend was smart | ProBasketballTalk

Welp..


Report: Allen Iverson is not broke because a friend was smart | ProBasketballTalk

A person with a firm grip on the situation informs me Iverson has an account worth $32 million, a principal he is prohibited from touching until 55. In the meantime, it feeds him $1 million annually.
At 45, Iverson is eligible to start drawing on an NBA pension that maxes out at 10 years of active duty, or take whatever’s there as lump sum. He will be entitled roughly to $8,000 per month ($800 per x 10).
If at all possible, Iverson will issue a restraining order against himself until he’s 62 or so. At that time, I’m told, his lump sum will be between $1.5 million and $1.8 million, or he can elect to take monthly checks of approximately $14,000 per.

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Ya'll know the OJ story isn't 'true' right?

http://content.usatoday.com/communities/gameon/post/2011/02/oj-simpson-rumor-prison-beating-enquirer/1


There's a story spreading like wildfire on the Internet Tuesday, saying that O.J. Simpson was beaten at the Nevada prison where he's jailed, in a racially motivated attack. The original source is the National Enquirer, and a prison official says the report is "Totally bogus."
"We're getting inundated" with calls from news media said Steve Suwe, the public information officer for the Lovelock Correctional Center in Nevada. Suwe pointed out that the same story circulated in 2009 and was as false then as it is now. Another Enquirer report on Simpson last summer said the fallen football great was going to be married in prison to a "pen pal" he had never met.

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