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.

Dwyane Wade says Bulls’ showers had no hot water in Boston

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The Bulls suffered a rough loss in Boston last night.

It didn’t get better afterward.

K.C. Johnson of the Chicago Tribune:

Celtics general manager Danny Ainge – who played for Boston in the 80s – pleaded ignorance to any nefarious plumbing:

I think the idea that teams plot to shut off the visitor’s hot water is often overstated. Arenas have complex infrastructure, and things can go wrong on their own. Sometimes, the home team loses hot water, but that never gets remembered.

But reasonable excuses don’t make a cold shower in the moment any more tolerable.

Robin Lopez pushes short floater over backboard (video)

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Robin Lopez had reason to be upset from the Bulls’ Game 5 loss to the Celtics last night.

This miss was all on him.

Dwyane Wade plays the laziest defense you’ll ever see (video)

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Dwyane Wade (26 points, 11 rebounds, eight assists) was the Bulls’ best player in their Game 5 loss to the Celtics last night.

But the 35-year-old guard clearly didn’t go all out on every possession.

Players can justify not closing out by claiming they were prioritizing rebounding position. Wade clearly has no such excuse.

Video Breakdown: Clippers use JJ Redick in split cut to fool Jazz at 3-point line

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The Los Angeles Clippers dropped Game 5 to the Utah Jazz on Tuesday night, and find themselves down 3-2 as they head back to Salt Lake City for Game 6. The Clippers have had to deal with Utah’s formidable defense, so much so that they’ve built in counters to Jazz defenders overplaying shooters like JJ Redick.

One example of this countering method could be found in Game 3, when the Clippers ran a split cut for Redick. Instead of fighting endlessly around screens for a 3-point shot as you might expect, LA took the easy route and simply cut Redick to the basket for an easy layup as a means to take advantage of an overeager defender.

We’ve talked about the Split Cut here on NBA Playbook before. The Los Angeles Lakers used it earlier in the season to beat the Golden State Warriors, the team that uses the split cut perhaps the most out of any team in the NBA.

Other teams, including the Portland Trail Blazers, have adapted the Warriors’ use of the split cut as a counter for their own offense this season, which is a testament to just how useful it is.

If you need a reminder, a split cut all about a screener coming up to screen, then cutting toward the basket before his screen action fully takes place. It’s about timing, and catching defenders off guard when they go to set up their recover positions for screens.

For a full breakdown on the split cut and how the Clippers used it, watch the video above.