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


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.

Kobe Bryant “not really worried” about his shooting after 1-of-14 night

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Sometimes a picture can tell the story better than words.

That’s why above you can see all of Kobe Bryant‘s shot attempts against the Warriors Tuesday, a night where he went 1-of-14 from the floor (and “facilitator Kobe” had two assists). If you want another picture, here is Kobe’s shot chart for the game.

Kobe shot chart vs. Warriors

On the season, Kobe is shooting 31.1 percent overall, 19.5 percent from three, and he has a career low true shooting percentage of 41.5 percent. It’s hard to watch. On a team that is supposed to be developing their young stars, Kobe took as many shots as D'Angelo Russell and Julius Randle combined. Laker coach Byron Scott is good with Kobe doing whatever he wants.

But Kobe is worried about his shooting performances, right? Not so much. From Baxter Holmes of ESPN.

If Kobe can figure out the Lakers’ system this season, he will be in a club of one.

I could go on a longer rant here, but the bottom line is this is just a sad spectacle to watch. And there’s a lot of season left to watch it.

Kobe Bryant: Warriors can make run at record 33-game win streak

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Pat Riley compared the Warriors backcourt of Stephen Curry and Klay Thompson to one of the legendary guard tandems the game has ever seen — Jerry West and Gail Goodrich. Two Hall of Famers who led the 1972 Lakers to an NBA title.

That West/Goodrich team also won 33 straight games that season.

The Warriors are off to the fastest start in NBA history at 16-0 after destroying the hapless Lakers on Tuesday night, and the question of “when will they lose?” Kobe Bryant thinks these Warriors could get to that legendary 33 mark, as he told Sam Amick of the USA Today.

“Yeah, they could do it – because they’re good,” Bryant said afterward. “It’s a very young league, and they’ve managed to put together a team of extremely intelligent players and extremely versatile players, and great shooters. And so I see no reason why they couldn’t continue to extend (the record).”

The Warriors are not even halfway there and have shown some flashes of one-game vulnerability of late (a rough game against the Nets, for example). They have an upcoming seven-game road trip with a couple back-to-backs where they likely stumble at least once.

Then again, look at their next dozen opponents: Suns, Kings, Jazz, Hornets, Raptors, Nets, Pacers, Celtics, Bucks, Suns, Bucks, Jazz. Teams such as the Raptors and Pacers are certainly playing well, but there is no team on that list that makes you step back and say “that’s a loss.” Get through that dozen and the Warriors are at 28-0 and the Lakers’ record is within shot. The Warriors are not going to stop doing what they do — if the wearable science tells them Curry needs a night off, he’ll sit — but if they can get close, for a team trying to establish a legacy of greatness this would be a step in that direction.

The 16-0 mark already is.

Nick Young wears Gilbert Arenas’ old shoes during game (PHOTO)

Nick Young, Devin Harris
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In a disastrous Lakers season, one thing can be counted on (besides Byron Scott saying absurd things about Kobe Bryant): Nick Young will always be able to lighten the mood. He brought some levity to the Lakers’ blowout loss to the Warriors on Tuesday night with a blast from the past: a pair of gold shoes formerly worn by his ex-Wizards teammate Gilbert Arenas.

These shoes, like Swaggy, and like Gilbert before the injuries and the guns, are awesome and should be celebrated.

Blake Griffin hits acrobatic three-pointer to beat the shot clock (VIDEO)

Blake Griffin

During the third quarter of the Clippers’ Tuesday night win over the Nuggets, Blake Griffin had some SportsCenter-worthy acrobatics that had nothing to do with dunking. He caught a ball in the air behind the three-point line as the shot clock expired and sank this buzzer-beater:

It was just his third made three of the season.