Allen Iverson isn’t just a name in basketball; he’s a symbol of grit and glory. The fierce point guard from Hampton, Virginia, carved out a place in NBA history with his dazzling moves, relentless spirit, and unforgettable style. But Iverson’s off-court life has often sparked as much interest as his time on the hardwood. His tumultuous relationship with Tawanna Turner, which ended in a divorce in 2013, remains a significant chapter.

Those court proceedings laid bare Iverson’s financial struggles, including a series of foreclosures on his homes. While Iverson, now 49, lives more quietly, his past includes a string of impressive properties, one of which was a $2.9 million mansion. Let’s have a look at that.

Allen Iverson’s mansion

In 2006, Iverson snagged a luxurious mansion on Westbourne Way in Alpharetta, Georgia, shelling out a cool $2.19 million. The grand property, spanning 0.71 acres, offered everything needed for a lavish lifestyle—think, a beautifully styled dining room, an entertainment area, a sleek bar, a workout space, and even a media room. Realtor reports show Iverson eventually sold the home in 2019 for $725,000, far less than its original price tag. Today, that very property is valued at nearly $1.95 million.

The mansion itself is a marvel of design, echoing European elegance over 5,985 square feet, with seven bedrooms and 7.5 bathrooms. Notably, it has a four-car garage, ideal for housing luxury cars. Four of the seven bedrooms are located on the main floor, while two occupy the upper level, and one finds its place below. But, he has now moved on to a different home.

His current home

Allen Iverson’s home life has transformed dramatically from his NBA heyday. Now, you can find the former MVP in Charlotte’s upscale Ballantyne neighborhood, where he lives with his three youngest children. Nestled near a golf course, the Virginia native doesn’t take advantage of those fairways. Instead, Iverson’s “man cave” is decked out with memories of his glory days, including All-Star jerseys and classic Slam Magazine covers. While he may not have the massive indoor courts of past homes, he still finds time for a quick game of hoops in the driveway with his teenage son.

Of course, fatherhood looks different for Iverson now. “I can’t sit here and tell you I’m the greatest dad in the world,” he admitted to Sports Illustrated. “But I’m home. I can do the things I didn’t do for my older kids. That’s the thrill for me now.” It’s clear that Iverson’s family is his focus these days, and he does it with great financial security.

Iverson’s financial redemption

But it’s not just his family that keeps him grounded. Reebok has safeguarded Iverson’s financial future. Thanks to a savvy arrangement made back in 2012, Iverson has access to a business account with over $32 million that he can’t touch until he turns 55, along with a yearly $1 million dividend. Add to that an $800,000 annual lifetime contract, and Iverson’s not hurting for cash anytime soon. He’s even ventured into NFTs and cannab*s, which are paying off in their own ways.

In 2023, Reebok promoted him to Vice President of Basketball, a role that builds on his legacy with the brand. However, Iverson has also turned his attention to entrepreneurship, with plans to launch a soul food and seafood restaurant in Virginia.