Divorce Sheds Light On Iverson's Financial Situation - Philadelphia News, Weather and Sports from WTXF FOX 29

Divorce Sheds Light On Iverson's Financial Situation

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We're learning more about the financial situation for former Sixers star Allen Iverson thanks to his ongoing divorce, TMZ reports.

According to new court documents, Iverson makes about $62,500 a month, but he spends more than $350,000!

That's about $10,000 a month on clothes, $10,000 on groceries, $5,000 on restaurants, $1,000 on dry cleaning, and so on.

His debt is mounting up, but at least he's still driving his $400,000 Maybach, which is fully paid off.

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