Life has been anything but predictable for Allen Iverson. Little did he know he’d one day blow through nearly $200 million NBA earnings, coming to the verge of being broke. And little did he know, he’d one day be parting ways with his high school sweetheart, Tawanna Turner.
Yes, the former NBA star and his ex-wife knew each other from the time they were in high school. As per the reports, the two had different personalities. But, it seems the love somehow found its way with 5 kids and marriage along the way. Only for it to end with a divorce in 2013, costing AI heavily on his personal and financial life.
How much did Allen Iverson agree upon in his divorce settlement?
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While Tawanna had first filed for a divorce in 2009, the real legal battle started in 2011. And this time around, she was in no mood to back down from her stand. The outcome of it? Legal proceedings continued for a span of nearly 2-years, only for the couple to reach a settlement outside of the court in 2013. The former Philadelphia 76ers star’s wife herself informed the court about the agreed-upon financial settlement.
As per the reports that emerged back in 2013, AI had agreed to pay a large lump sum of $3 million to Tawanna. Apart from this, the 11x All-Star also reportedly agreed upon forking multiple other assets along with child support for all of their five kids. Tiaura, Allen Iverson II, Dream Alijha, Isaiah Rahsaan, and Messiah Lauren.
Some reports even suggest that Iverson had to share a percentage of his Reebok endorsement deal checks as well. But how true is that? Well, lucky for Iverson that Fulton County Superior Court Judge never ordered for the sharing of earnings from Reebok and neither it ever come down to it in mutual agreement either.
The fans who have kept up with the post-retirement life of Iverson would know that Reebok came as a savior in his life when he was on the verge of being broke. Under the lifetime deal with the brand, Al would continue to receive the annual payment of $800k and a $32 million trust fund, which he will receive upon turning 55.
What led to the demise of Iverson’s relationship with his wife?
The couple tied the knot in 2001 after 10 years of dating and welcoming two children into this world. But, it did not long for the problems to emerge between the two after the marriage. In fact, some reports suggest tensions started surfacing after the first year of the marriage itself. There is even an infamous story of the time Allen Iverson kicked his wife out of his own house in a fit of anger. At least, this is what the allegations were back then.
In fact, they were even more serious. As per the allegations, once kicking his wife out of the house, he could not stay without searching for her, only to find her at her relative’s place. Denied the entry, the 11x All-Star allegedly barged in with a g*n in possession. However, Al later denied every single one of these allegations. He stated that a simple lover’s spat was blown out of proportion. It’s clear that the issues had started to emerge between the couple.
But things took a turn for the worse after infidelity allegations emerged against Al. And thus, Tawanna filed for divorce for the first time in 2009, which the ex-76ers star somehow prevented. But, even after actually splitting up in 2013, it is said that the couple reconciled after some time. Some media outlets even speculate the possibility that the two re-married each other. While there is no concrete evidence on this, what we have is the info that the two managed a cordial co-parenting atmosphere for their kids.
In fact, Iverson even mentioned Turner in his Hall of Fame speech in 2016. “This is one of those last-but-not-least things. My number one person in the world, Tawanna Iverson… Twenty-four years. Ups. Downs. But real love… Thank you… for loving me the way you do. And caring about what type of person I am and what type of person that I need to be to set an example for our babies,” he said.
Given the amount of love he has had for Turner, it might not have been a surprise if Allen would’ve agreed to give up a share of his Reebok earnings.
Now, Kent Babb’s book does reference the Reebok deal and the sharing of earnings, but as per our sources, Babb never interviewed Allen Iverson. However, any confusion surrounding Iverson’s Reebok earnings and reference to sharing of earnings with Turner is expected to be clarified by Babb himself in an upcoming documentary on Iverson.
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Stay tuned for more such updates. And join us for the exciting second episode of the “Dual Threat Show” as our host BG12 sits down with Georgia Bulldogs star and Mountain West All-Freshman Team Selection, Asia Avinger.
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