Many fans consider Allen Iverson to be one of the most iconic and influential players in NBA history. Not only was AI one of the most talented players in the history of the NBA, but Iverson was also a fan favorite, one of the most popular players in the league.
His popularity also made him a valuable commodity for Reebok, who had signed him to a massive contract, one that he is about to reap the rewards of in the coming years. Allen Iverson just turned 48 recently, and he is now a year closer to a massive payout from Reebok.
Allen Iverson turns 48 today 🥳
In 7 years, for his 55th birthday he will receive a $32 million payout as part of his lifetime Reebok deal from 2001 💰 pic.twitter.com/vYDMq1IRUc
— JustFreshKicks (@JustFreshKicks) June 8, 2023
According to his massive Reebok contract, Iverson will earn $32 million on his 55th birthday, as part of a clause that was included in his contract all the way back when he signed it. Iverson’s shrewd negotiating skills have ensured he is well-taken care of, years after his career ended in the NBA.
Allen Iverson Made A Smart Decision To Sign With Reebok
Allen Iverson made sure that he would be paid handsomely throughout the duration of his lifetime contract with Reebok. As good as a deal it was for Iverson, it has been a detriment to Reebok as a brand, which struggled financially going into the 2010s. But Iverson made sure that he was going to be taken care of.
But he wasn’t just looking out for himself. It was revealed that Iverson was taking care of several families with his own money because he had promised his friends that they would be taken care of if he was able to find success in the NBA. Many people would not do that for their friends, but Iverson stood by his friends and made sure that they were looked after.
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