Damn, it’s been a rough week for Allen Iverson. First he gets scolded by a judge and now this. I’d love to see an NBA team give AI a chance to make a comeback, but time is running out for the guy. Find out what happened now after the jump…
According to TMZ:
Allen Iverson is officially mansionless — TMZ has learned the former NBA star’s Atlanta home has been sold off in a foreclosure auction.
TMZ broke the story … Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He briefly fought off an auction … but ultimately, he couldn’t stop it.
Sources close to the sale tell TMZ … Iverson’s bank purchased the mansion yesterday for $2.5 million.
It’s been a rough week for Iverson — on top of losing his mansion, the judge in Iverson’s divorce case basically just called him the worst dad in the universe.
thats fucked up man..take everything from a man who worked his whole life and kick him while he is down? thats not right..at all!!!
That was the home which was defective, it had cracks and safety issues.So he probably was holding back payments during the lawsuit.
Shame on the NBA for not signing AI, he is the most entertaining player to watch, he plays fearless with hunger and determination.
He would still be more effective than most of the lazy players in the league today.