Former NBA legendary hoopster Allen Iverson is well known for not being a fan of practicing. Guess what? He’s also well known to authorities in Georgia for not paying his taxes.
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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