Allen Iverson - Legal and Financial Problems

Legal and Financial Problems

During the 1997 offseason, Iverson and his friends were stopped by policemen for speeding late at night and was arrested for carrying a concealed weapon and for possession of marijuana. He pleaded no contest and was sentenced to community service.

On February 24, 2004, Iverson urinated in a trash can at Bally's Atlantic City casino and was told by casino management not to return.

On December 9, 2005 after the Sixers defeated the Charlotte Bobcats, Iverson paid a late-night visit to the Trump Taj Mahal. After winning a hand at a three-card-stud poker table, Iverson was overpaid $10,000 in chips by a dealer. When the dealer quickly realized the mistake and requested the chips back, Iverson refused and a heated head-turning argument between him and casino staff began. Atlantic City casino regulations reportedly state that when a casino makes a payout mistake in favor of the gambler, he or she must return the money that they did not legitimately win by playing.

Also in 2005, Iverson's bodyguard Jason Kane was accused of assaulting a man at a Washington DC nightclub after the man, Marlin Godfrey, refused to leave the club's VIP section so Iverson's entourage could enter. Godfrey suffered a concussion, a ruptured eardrum, a burst blood vessel in his eye, a torn rotator cuff, cuts and bruises, and emotional injuries. Although Iverson did not touch Godfrey himself, Godfrey sued Iverson for the injuries caused by his bodyguard. In 2007 a jury awarded Godfrey $260,000. The United States Court of Appeals for the District of Columbia Circuit upheld the verdict in 2009.

In a Philadelphia Inquirer column published March 7, 2010, Stephen A. Smith wrote that according to "numerous NBA sources", Iverson would "either drink himself into oblivion or gamble his life away", and that Iverson had already been banned from casinos in Detroit and Atlantic City. Smith also wrote that Tawanna, his wife of eight years, had separated from him and filed for divorce, seeking custody of their five children, as well as child support and alimony payments.

In November 2010, Kate Fagan, a 76ers beat writer for the Inquirer reported that Iverson was "broke" and heavily in debt, "by all accounts except his own", and that a member of Iverson's family had previously contacted NBA teams about a contract for him, as he would not be able to pay that person without a contract.

In August 2011, an Ohio man sued Iverson for $2.5 million in damages, claiming he was assaulted by Iverson's security guard in a 2009 bar fight in Detroit. The federal judge dismissed the case, finding no evidence that Iverson or his bodyguard struck the plaintiff, Guy Walker.

Despite his lack of experience in the sport, in February 2012, towards the end of their regular season, the Rochester Lancers, a pro indoor soccer team made Iverson a contract offer for $20,000 (U.S.) per game with a bonus of $5,000 for every goal scored along with merchandise bonuses and the local hosting of his friends and family for the duration of his stay.

Read more about this topic:  Allen Iverson

Famous quotes containing the words legal, financial and/or problems:

    I have spent all my life under a Communist regime, and I will tell you that a society without any objective legal scale is a terrible one indeed. But a society with no other scale but the legal one is not quite worthy of man either.
    Alexander Solzhenitsyn (b. 1918)

    Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.
    Ambrose Bierce (1842–1914)

    I believe that if we are to survive as a planet, we must teach this next generation to handle their own conflicts assertively and nonviolently. If in their early years our children learn to listen to all sides of the story, use their heads and then their mouths, and come up with a plan and share, then, when they become our leaders, and some of them will, they will have the tools to handle global problems and conflict.
    Barbara Coloroso (20th century)