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  2. Allen Iverson 's shoe deal with Reebok is often credited for saving the Hall of Famer's life. After Iverson went broke, it was learned that he continues to receive $800K in annual payments...

  3. Jun 8, 2020 · Allen Iverson signed a lifetime deal with Reebok in 2001 that guaranteed him a $32 million trust when he turns 55. He can collect his trust fund in 10 years, after reaching the milestone of 45 on Sunday.

    • Tyler Conway
    • Featured Columnist
  4. Oct 12, 2023 · Allen Iverson signed a $50 million deal with Reebok in 2001, with a guaranteed $800,000 per year for life and a $32 million trust fund at 55. Learn how he lost and recovered his fortune, and how Reebok benefited from his legacy.

    • Ian Servantes
  5. Allen Iverson will receive a $32 million trust fund payment when he turns 55, thanks to a lifetime Reebok contract. The 2001 MVP, who led the Sixers to the finals that year, turned 45...

  6. Mar 2, 2012 · The $32 million is known as the “Reebok fund” among Iversons friends, because the money came from shoe deals. Now, living with in those means may be a challenge for Iverson. But someone had the foresight to protect the man from himself, and that is going to save him.

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    • Administrator
  7. Mar 5, 2024 · Under the deal, Iverson would receive $800,000 yearly as well as a $32 million trust fund that he will have access to in 2030, as AFROTECH previously told you.

  8. Sep 8, 2023 · The $32 million Allen Iverson will earn on June 7, 2030, is the trust funds maturity date. Matt O’Toole, Reeboks former CEO, said in an interview in 2018 that the Philadelphia 76ers...

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