Allen Iverson Can’t Collect His Reebok Trust!?!

According to reports the former NBA superstar Allen Iverson Can’t Collect His Reebok Trust, well not all of it when he turns 55.

Iverson, who is currently 40-years-old is facing a new battle in his life after many poor financial decisions during his divorce from his wife Tawanna. But it’s those decisions that could end up costing him quite a bit of money, especially when he turns 55 and goes to collect his Reebok trust fund.

CelebNMusic247.com has this report via Complex:

For those who aren’t familiar with the trust fund Reebok set up for A.I. back when he first signed with them, it calls for the former NBA superstar to collect about $32 million when he turns 55.

However, in his book, Babb claims that, back in 2010 when A.I. and Tawanna first started the divorce process, A.I. was so desperate to win Tawanna back that he signed a postnuptial agreement that called for him to lose the entire Reebok trust if he violated a number of items.

Those items included:

– Can not cheat or have children outside of marriage.

– No physical or verbal abuse.

– Must attend marriage counseling.

– Must speak to therapist about drinking and gambling problems.

– Can never gamble again.

– Must be home by midnight.

– Must discuss any purchases over $5K.

Babb also claims that A.I. didn’t live up to at least one of those items and that, in turn, Tawanna moved ahead with the divorce and finalized it in 2013—taking the entire trust fund with her. For some reason, she did eventually agree to give A.I. half of the Reebok trust back in the divorce, but she kept the other half for herself. It was reportedly a nice gesture on her part, but it’s also worth noting that A.I. didn’t have to agree to the postnuptial agreement in the first place. So he stands to lose out on a lot of money in 15 years for, well, being a bad husband.

In January it was reported that Allen Iverson was returning to the game as one of the Cleveland Cavaliers after signing a $1 million dollar deal.

Fans were in support of Iverson’s return, and even Iverson weighed in, saying:

“I was surprised they called me for a tryout. I thought they wanted to give me a chance because of my cross-over or jump shot, but it was because Lebron urged the coaches.”

What do you think?