Damn, it’s been a rough week for Allen Iverson. First he gets scolded by a judge and now this. I’d love to see an NBA team give AI a chance to make a comeback, but time is running out for the guy. Find out what happened now after the jump…
According to TMZ:
Allen Iverson is officially mansionless — TMZ has learned the former NBA star’s Atlanta home has been sold off in a foreclosure auction.
TMZ broke the story … Iverson allegedly defaulted on a $1.2 million mortgage which sent the $4.5 million home into foreclosure. He briefly fought off an auction … but ultimately, he couldn’t stop it.
Sources close to the sale tell TMZ … Iverson’s bank purchased the mansion yesterday for $2.5 million.
It’s been a rough week for Iverson — on top of losing his mansion, the judge in Iverson’s divorce case basically just called him the worst dad in the universe.
