Hampton Roads native and former NBA MVP Allen Iverson has been in the news lately for a variety of topics. Unfortunately, most of the recent news concerning Iverson has not been good due to a messy divorce battle with his estranged wife.
Iverson was recently ordered to pay a $3 million divorce settle to his now ex-wife Tawanna. In addition to the lump sum payment, Iverson also agreed to part with various assets and a percentage of his Reebok endorsement deal. Iverson’s ex-wife was awarded legal and physical custody of the couple’s five kids. Iverson was awarded visitation rights and will be required to pay child support.
Iverson was able to retain his Atlanta home in the divorce settlement. However, Iverson recently lost the home due to foreclosure. Iverson defaulted on the $1.2 million mortgage which sent the $4.5 million home into foreclosure. The Bank recently purchased the home at auction for $2.5 million.
Since Iverson’s departure from the NBA, he has continually expressed his desire to return to the league and continue his playing career. His last professional experience was a two-month playing stint with Besiktas in Turkey during the 2010-11 season. He recently turned down an opportunity to play with the Texas Legends, the NBA D-League affiliate of the Dallas Mavericks.
On January 29th, Iverson released a series of tweets expressing his desire to return to the NBA. Via his Twitter feed, Iverson stated:
“I thank Donnie and Dallas for the consideration and while I think the D-League is a great opportunity, it is not the route for me.
“I realize my actions contributed to my early departure from the NBA, should God provide me another opportunity I will give it my all.”
And lastly . . .
“My dream has always been to complete my legacy in the NBA.”
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