According to court documents obtained by The Blast, the Georgia Department of Revenue recently hit Iverson with a tax lien, claiming he owes taxes for the years 2012 and 2013.
The former NBA star allegedly owes $25,643.12 from 2012 and $174,465.25 from 2013. The unpaid debt has swelled over the years with $44k in interest and $27k in penalties tacked on for not paying on time. All told, Iverson owes $200,108.37.
Iverson – who retired from the league in 2010 – and ex-wife, Tawanna Iverson, settled their divorce in 2013 and he had to fork over $3 million to end the battle.
As part of the divorce, it was revealed that Iverson signed a deal with Reebok in 2001 that put $32 million of his deal into a trust that he can’t touch until he is 55 years old, meaning he can’t try and use that money to pay off his tax debt.
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