Report: Allen Iverson is not broke because a friend was smart

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Someone in Allen Iverson’s inner circle was a true friend to the man.

We reported recently on a judge ordering Iverson to pay more than $850,000 to a jewelry store for goods received, and the judge needing to go into his bank account and get what they could.

If that happened to you or me, it’s a sign that we’re broke. There have been a lot of reports Iverson is busted. That is why he is willing to play in Puerto Rico or the D-League.

But like I said above — and as Peter Vecsey laid out in detail in the New York Post — someone in Iverson’s inner circle was a true friend. Someone recognized if just given the money he would burn through it, so…

A person with a firm grip on the situation informs me Iverson has an account worth $32 million, a principal he is prohibited from touching until 55. In the meantime, it feeds him $1 million annually.

At 45, Iverson is eligible to start drawing on an NBA pension that maxes out at 10 years of active duty, or take whatever’s there as lump sum. He will be entitled roughly to $8,000 per month ($800 per x 10).

If at all possible, Iverson will issue a restraining order against himself until he’s 62 or so. At that time, I’m told, his lump sum will be between $1.5 million and $1.8 million, or he can elect to take monthly checks of approximately $14,000 per.

The $32 million is known as the “Reebok fund” among Iverson’s 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. That is what a true friend does.

Raptors’ DeMar DeRozan fined $15,000 for criticizing referees

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The Raptors lost to the Warriors on Saturday, and DeMar DeRozan – despite his own brilliant performance – was irked.

The Toronto guard seemed particularly upset about a review of an out-of-bounds call in the final seconds. After initially giving the ball to the Raptors, officials said it touched DeRozan while he was out of bounds and granted Golden State possession:

The NBA’s replay guidelines say (emphasis mine): “Referees can only initiate a review on a called out-of-bounds play (for example, not one where an out-of-bounds might have occurred) and only those involving doubt as to which player caused the ball to go out (not those, for example, where a player stepped on the line).”

DeRozan

I mean, it’s frustrating being out there feeling like you playing 5-on-8. It’s just what it feel like, period. Some of them calls was terrible, period.

I thought you couldn’t even do that. I’m not even a referee, and I know that rule. So, somebody correct me if I’m wrong.

The NBA corrected him in the two-minute report, saying “After communicating with the Replay Center, the ruling on the floor of Raptors possession is overturned and the Warriors are awarded possession because the ball touches DeRozan’s (TOR) leg while his body is out of bounds before Curry (GSW) knocks the ball out. Referees were able to review two aspects of this out-of-bounds play since they were part of the same sequence.”

Then, the league fined him.

NBA release:

Toronto Raptors guard DeMar DeRozan has been fined $15,000 for public criticism of the officiating, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.

The comments were made following the Raptors’ 127-125 loss to the Golden State Warriors on Saturday, Jan. 13

Saying “5-on-8” seems to be a secret code word for getting fined. I’m not sure whether the rest of DeRozan’s comments would have gotten him fined, but that phrase almost certainly did him in.

Kyle Lowry on plan to meet Ben Simmons after ejections: ‘Put it this way, I was back there’

AP Photo/Rich Schultz
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As Kyle Lowry and Ben Simmons were ejected late in the 76ers’ win over the Raptors yesterday, the players appeared to challenge each other to meet in back.

Lowry eagerly left the court and headed through the tunnel. Simmons appeared much more reluctant at that point.

Despite a report of a confrontation in the hallway, Simmons said nothing escalated, as he went to his locker room.

Michael Grange of Sportsnet

TKO.

Warriors complained of no hot water in showers in Cleveland

Michael Hickey/Getty Images
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The Cavaliers are clearly frustrated.

Did someone in Cleveland take out that frustration on the Warriors after they beat the Cavs last night?

Chris Haynes of ESPN:

Players were complaining about there being no hot water in the visiting locker room showers. When they walked in, they could be heard screaming in discomfort. Most of the players emerged shivering from taking a quick wash-off.

“Man, they got to do something in ‘The Q.’ Somebody call Bron!” Kevin Durant yelled, referring to LeBron James.

No one seemed angry; the situation was more humorous.

That’s the right approach. Whenever the hot water is out in a visiting locker room, the finger is pointed at the home team for sabotage. Sometimes, heating systems just fail.

Giannis Antetokounmpo assists fastbreak dunk with football-style long snap (video)

AP Photo/Nick Wass
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Giannis Antetokounmpo is scoring more in the post, the basketball analogue of football’s trenches.

Apparently, he’s taking the comparison to the next level.

In the Bucks’ win over the Wizards yesterday, Antetokounmpo played the part of a long-snapping center to set up Khris Middleton in transition.

NBC Sports Washington: