Allen Iverson used to drop $40K at strip clubs—and Matt Barnes would ‘recycle’ his money

Allen Iverson had one of the sickest crossover dribbles in NBA history, and will always be loved and revered by Sixers fans. He was also a big hit in the strip clubs too, apparently.

Iverson has reportedly been dealing with financial issues, even though he made roughly $200 million (!) during the course of his NBA career. It’s hard to comprehend how someone who made that much money could go close to broke.

Maybe it’s because he used to ball hard at strip clubs.

Matt Barnes, who played with Iverson on the 2005-06 Philadelphia 76ers, recently opened up about AI’s strip club days. He said Iverson would drop $30,000 to $40,000 on some nights when they’d go, in an interview with Sports Illustrated’s Chris Ballard.

“Allen was the first guy that showed me how NBA players spend money in strip clubs,” Barnes said. “That guy went HARD. He’d throw so much money, and this was when I was first in the league, that I used to take my foot and scoop the s under my chair and either re-throw it or put some in my pocket. He’d throw $30,000, $40,000 every time we went. I’m like, ‘You realize what I can do with this money?’”

Maybe Iverson should’ve been better managing his money. The Washington Post recently did a profile story about him which relayed how strapped for cash he is.

“Iverson stood during a divorce proceeding in Atlanta in 2012 and pulled out his pants pockets. ‘I don’t even have money for a cheeseburger,’ he shouted toward his estranged wife, Tawanna, who then handed him $61.”

Iverson was exciting to watch on the court, and it looks like he was even more fun off the court. But he’s now paying for it. How can someone who made over $200 million not have money for a cheeseburger?

Although, he did once cross up Michael Jordanthe greatest NBA player of all timeroughly 18 years ago. And that was pretty cool.

[Sports Illustrated]

About Matt Birch

Matt is the founder of The Sports Daily and manages all daily operations of the website. His work has been featured on MSN, Fox Sports, Yardbarker, SB Nation and Bleacher Report. Matt has also written for the Richmond Times-Dispatch. He enjoys eating good food, drinking craft beer and making original, compelling stories go viral.

Quantcast