Saturday, April 6, 2013

Does Iverson Really Spend like he serves in the Navy and has too much to drink

The media loves to rip athletes and they'll take advantage of any excuse to build an archive.

Today, Yahoo Sports, citing a TMZ report, said Allen Iverson is in financial difficulty and suggests "The Answer" has a spending problem which has lead to a revenue problem. The information about his finances was obtained from public records filed in connection with divorce proceedings. (Now that he ain't playin' and makin' millions, she wants to leave his ass. "I ain't sayin' that she's a golddigger, but she ain't hangin out with no broke nigga." Ah, Fiddy Cent)

The documents reveal expense claims made by Iverson. For instance, $10,000 a month on clothes and another $10,000 monthly on grocery and house items. Add that to $1,000 a month on dry cleaning, $5,000 a month on entertainment and $5,000 on restaurants.

Never been divorced, but have done the news for a number of years. What I have learned by covering these stories is sometimes the person on the hook for alimony and/or child support might try to lower the amount owed to the spouse by claiming an exaggerated amount of personal expenses. The Yahoo Sports account reads like it was written by a person with no life experience. Does Iverson really spend this much on those things or is it easier to believe that Iverson spends money like a pimp and everyday was the Player's Ball?

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