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#TSRCoinz: Allen Iverson To Receive $32M From Reebok Trust Fund When He Turns 55

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theshaderoom.com

Allen Iverson is getting all the money, OH-Kay! Iverson signed a deal that will allow him to receive $32 million from @Reebok.

Just turning 45 yesterday, he’ll receive the millions, when he turns 55, according to Bleacher Report.This is from a lifetime deal he signed with Reebok, in 2001.

The deal states that Reebok will pay the former athlete $800,000 per year throughout his lifetime.“He’s an iconic personality,” Reebok CEO Matt O’Toolesaid on the Bloomberg Business of Sports podcast (h/t Katie McInerney of the Philadelphia Inquirer) in 2018. “Let’s get on a plane to Shanghai together.

You bring Allen Iverson into a market like that. I’ll stand firmly that he has a big place in basketball and sports history.”Iverson’s ex-wife will also.

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