Allen Iverson Broke? A.I. Doesn't Have $1 Million Ex-Wife Seeks In Child Support [VIDEO]

By by Glenn Minnis
on Sep 16, 2013 11:29 AM EDT
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Allen Iverson
For Philly fans, the highlight of the season thus far was Allen Iverson's retirement ceremony. (Photo : Reuters )

Allen Iverson has told an Atlanta family court judge he does not have the $1.2 million his ex-wife is seeking as child support for the couple's five children, according to TMZ.

Tawanna Iverson filed court documents last week insisting she plans to put the money into a trust for their kids and explaining she is requesting a lump sum payment from the former NBA star to avoid any more delinquency on his part.

TMZ has previously reported the court recently ordered Iverson to pay off more than $40,000 in back-owed payments or face jail time after his ex-wife filed court papers showing he had not made a single monthly- ordered payment in the first eight-months following their January 2013 divorce. .

In papers filed last week, Iverson, who made more than $140 million in salary during his playing days and upwards of another $100 million from a lucrative Reebok endorsement deal, told the court he does not have the money, adding that his only steady source of income these days stems from the lifetime deal with Reebok.

It's been a rocky summer for the one-time high school sweethearts. Tawanna Iverson recently accused her ex of kidnapping their children, with Iverson countering they were with him as part of a prearranged visitation and his ex knew where they were and had access to them at all times.

Iverson recently officially announced his NBA retirement after turning down offers to play professionally across seas.

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