Former NBA All-Star and league MVP Allen Iverson is in some serious trouble.
A Georgia judge commandeered Iverson’s bank account after he failed to pay an outstanding debt to a jewelry store upwards of about $859,896 bucks.
According to TMZ, the judge will garnish Iverson’s earnings to allow Aydin and Company Jewelers to collect the outstanding jewelry bill, court costs, interest and attorney fees.
Coincidentally, while Iverson pursued a rap career, his name was “Jewels.”
The company initially sued Iverson in 2010 for failing to pay a $375,000 bill. Iverson was not signed by an NBA team this year and was previously overseas playing ball in Turkey before quitting.
Iverson is said to have made over $154 million during his time in the NBA, making at least $20 million in 2008-09.
The unfortunate story of NBA players’ purchases coming back to bite them in the rump continues…