How can Allan Iverson not be able to pay a jeweler and $800,000 bill? Iverson earned well over $100 million dollars during his NBA career. A judge has put a lien on Allan Iverson’s bank accounts for the unpaid jewelery bill. There is so much that I could discuss in a situation like this. It is sad that over 30% of professional athletes go broke after their career.
The average NBA player is making over 5 million dollars while the average American makes about 25 thousand which means that these professional athletes make more that 225 people combined. What boggles my mind is how can these guys mess up that kind of wealth?
Here Charles Barkley talks about the ongoing NBA lockout situation. While I do understand both side, I tend to agree with the NBA, David Stern, Charles Barkley, Michael Jordan and the rest of the owners. Take a look at the condition of this country today and these NBA players seem to be crying broke and want more money. The average NBA player earns 5.5 million dollars a year while the average American citizen earns 23 thousand dollars a year. If you divide 5.5 million earnings average of one NBA player to the 23 thousand dollar average of the average Americans citizen you will get 239. Yes, the average NBA player earns what 239 average Americans earn and they are crying for more money, give me a break.