Boston Celtics v Philadelphia 76ers - Game Six

Another report Allen Iverson is hemorrhaging money


We had this same discussion a couple years ago.

When Allen Iverson was playing in Turkey, a report came out of Philadelphia about how Iverson was just hemorrhaging money and was broke. Which is stunning for a guy who made an estimated $154 million in NBA salary alone. Other reports have echoed this.

That was followed by a counter report (out of New York) that Iverson was not that bad off because a wise financial advisor and friend had essentially put Iverson’s money in a trust that paid him a yearly allotment and he couldn’t touch the rest. I want to believe the latter report, but the truth likely is somewhere in the middle.

Now out of Iverson’s divorce proceedings come some numbers that suggest he is losing $3.5 million a year. Of course, TMZ had the papers (hat tip to SI’s The Point Forward).

According to docs, Allen brings in $62,500 in monthly income, but his expenses are FAR, FAR, greater … costing him a cool $358,376.66 PER MONTH!!!!…

A large chunk — $125,749.33 to be exact — is spent paying off various creditors (like his jeweler) … and some goes to his mortgages (but not for long, since his ATL crib is about to be auctioned off).

But Allen says he blows a lot on OTHER expenses too … like $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants … and so on.

Those figures need a disclaimer — be careful trusting the numbers lawyers use in a divorce case. Or any case. The goal here is for Iverson’s lawyers to make him as destitute as they can, therefore reducing what he has to pay his soon-to-be ex-wife.

My guess is Iverson is living way, way beyond his means anymore. I hope that a smart financial advisor did leave a safety net there for him.

In the end, who knows what is real. But this is the kind of controversy that has shadowed Iverson since he was in high school, it’s part of what has made him a polarizing figure. Which is a shame, because his game was so much fun.

Kobe Bryant announces this is his final season


It has seemed like this was it for a while. Kobe Bryant has been frustrated; he hasn’t been able to produce like he expects — his play has been hard to watch — and the Lakers are a train wreck.

Kobe made it official Sunday via the Players’ Tribune — this is his final season. He did it via a letter called “Dear Basketball.”

You gave a six-year-old boy his Laker dream
And I’ll always love you for it.
But I can’t love you obsessively for much longer.
This season is all I have left to give.
My heart can take the pounding
My mind can handle the grind
But my body knows it’s time to say goodbye.

And that’s OK.
I’m ready to let you go.
I want you to know now
So we both can savor every moment we have left together.
The good and the bad.
We have given each other
All that we have.

It’s not coincidental this was announced a couple days before the Lakers travel to Kobe’s hometown of Philadelphia to face the Sixers. Also remember Kobe is an investor in The Players’ Tribune.

NBA Commissioner Adam Silver quickly released this statement:

“With 17 NBA All-Star selections, an NBA MVP, five NBA championships with the Lakers, two Olympic gold medals and a relentless work ethic, Kobe Bryant is one of the greatest players in the history of our game.  Whether competing in the Finals or hoisting jump shots after midnight in an empty gym, Kobe has an unconditional love for the game.

“I join Kobe’s millions of fans around the world in congratulating him on an outstanding NBA career and thank him for so many thrilling memories.”

Kobe will go down as one of the game’s all-time greats. Few can come close to his resume: Five NBA titles, two NBA Finals MVPs, 15 time All-NBA teams, one MVP, 17 times an All-Star (and the All-Star Game MVP four times). And we could go on and on.

Good on Kobe for doing this now. After 55,000 NBA minutes his body has quit on him, and where his mind is still willing the flesh is clearly weak right now. He has not been able to adapt his game to the changing realities of what he can do.

Kobe has said he doesn’t want a “Derek Jeter Farewell Tour” but that will be the feel from here on out. Expect some special recognition at the All-Star Game in Toronto.

Bulls’ Dunleavy to see specialist after suffering setback with back injury

Mike Dunleavy, Joakim Noah
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CHICAGO—Over the past few weeks, Bulls forward Mike Dunleavy has seemed to be making progress in his back rehab. Dunleavy underwent back surgery shortly before the start of training camp and was initially given a timeline of 8-10 weeks. Recently, he’s been increasing his workload, and he traveled with the team on their recent west coast road trip.

However, his recovery may have hit a snag.

“Mike is going to see a doctor again tomorrow and then we should have a better update after that,” Bulls coach Fred Hoiberg said after practice on Sunday. “He had a little bit of soreness. But we’ll have more on that tomorrow.”

An update to Dunleavy’s status is coming, but given Dunleavy’s age (35) and the frequency of back injuries to reoccur, this news certainly isn’t encouraging. Between Tony Snell and Doug McDermott, the Bulls have struggled at both ends of the floor on the wing. Getting Dunleavy back, whenever that happens, will be a huge help. But nobody knows when that will be.

Stan Van Gundy calls out Andre Drummond’s effort after loss to Thunder

Andre Drummond
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After a promising start to the season, the Pistons have lost three of their last four games and seven of their last 10. And although he’s been outstanding for most of the season, Andre Drummond has not been above receiving criticism from Stan Van Gundy. The coach called out Drummond’s effort on Friday night after a loss to the Thunder.

Via Sportando:

“I didn’t think he brought much energy to the Milwaukee game, and I didn’t think he brought much energy tonight,” Van Gundy said of the two beatings the Pistons received this week. “Why that is, I don’t know. But we need a lot more from him than we got tonight.”

Calling out your best player in the media is bold, but Van Gundy has enough of a track record and a reputation, going back to his days in Orlando with Dwight Howard, that he can get away with it. It also sends a message to the entire team that Van Gundy isn’t going to hold his star to a different standard than the rest of the team.

Despite a couple of poor performances, Drummond is having a career year, leading the league in rebounding at 17.1 per game while also averaging 17.9 points.

Lopez twins don’t live together because their cats don’t get along

Brook Lopez, Robin Lopez
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The Lopez twins have always been close. They were teammates at Stanford, they’re both heavily into comic books (and even write their own together), and they both have Instagram accounts for their cats (here’s Brook’s cat, Poupin, and Robin’s cat, Prince Edward Zephyr). So naturally, this summer, when Brook re-signed with the Nets and Robin signed with the Knicks, the logical thing to do would be to live together. Apparently that isn’t happening, because their cats don’t get along.

Via Kirsten Fleming of the New York Post:

“Brook’s cat is very two-faced,” Robin tells The Post. “Everybody loves Brook’s cat. To everybody’s face, he’s such a nice cat. And it may sound like I’m joking, but I am dead serious. He acts like a lazy, sweet cat when everybody is looking. But when their heads turn, he’ll try to chase after [my cat] Edward. The second I lay eyes on him, he’ll act like, ‘I’m a cherub. I’m innocent.’ I’m not buying it.”

Brook agrees that it would be a bad idea.

“We thought about it,” Brook tells The Post. “But the cats really wouldn’t get along. They just wouldn’t allow it.”

This is an extremely valid reason, even though it’s a disappointing. The Lopez twins are two of the most entertaining people in the NBA, and them living together would have had off-the-charts reality TV potential.