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.

Heat waive Beno Udrih, Briante Webber, two others to keep Rodney McGruder

MIAMI, FL - FEBRUARY 09:  Beno Udrih #19 of the Miami Heat drives on Tony Parker #9 of the San Antonio Spurs during a game  at American Airlines Arena on February 9, 2016 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory copyright notice:  (Photo by Mike Ehrmann/Getty Images)
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Beno Udrih sacrificed $90,000 last season to get the Heat an additional $2.7 million last season.

They repaid him with more than $1.5 million this season (though less than $1 million of it from their own pockets).

And that’s all they gave him.

Miami won’t even give Udrih a regular-season roster spot, waiving him to allow Rodney McGruder to make the team.

Heat release:

The Miami HEAT announced today that they have waived Vashil Fernandez, Luis Montero, Beno Udrih, Brianté Weber and Okaro White.

To recap: Out for the rest of the final season of his guaranteed contract due to injury, Udrih took a buyout that lowered his compensation by $90,000 last season. That brought the Heat under the luxury-tax line, preventing them from paying the repeater rate and allowing them to receive about $2.5 million given to non-tax-paying teams. Miami then re-signed Udrih this offseason, giving him a one-year, $1,551,659 fully guaranteed contract. Most players with guaranteed salaries stick into the regular season, but it seems the Heat paid Udrih for a reason other than their faith in him as a backup point guard.

Here’s the kicker: Because Udrih was a 12-year veteran on a one-year minimum contract, the league – funded by the very teams that rightfully protested Miami’s arrangement – has to fund $571,228 of his salary.

The Heat seemed high on Briante Weber, but he’s young and needs polish. McGruder, who went undrafted out of Kansas State in 2013, is probably more capable of helping now.

This leaves Miami without a clear backup point guard behind Goran Dragic, but combo guards Tyler Johnson and Josh Richardson can handle the role.

Chris Paul hopes Clippers develop real home court advantage this year

PLAYA VISTA, CA - SEPTEMBER 26:  Chris Paul #3 of the Los Angeles Clippers, Blake Griffin #32 and DeAndre Jordan #6 share a laugh during media day at the Los Angeles Clippers Training Center on September 26, 2016 in Playa Vista, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory copyright notice. (Photo by Jayne Kamin-Oncea/Getty Images)
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At Clippers home games, you generally wouldn’t use the word “rockin'” to describe the atmosphere. With that, the Los Angeles Clippers are a good team at home, but not a whole lot better than they are on the road. Last season the Clippers won 29 games at Staples Center, 24 away from home. The season before they won 30 at home. The Clippers don’t defend their home court like other elite teams: The past two seasons combined the Clippers have won 19 fewer home games than the Warriors, 15 fewer than the Spurs, five less than the Cavaliers.

Chris Paul wants that to change.

Staples Center can get loud — it has for Kobe Bryant and the Lakers. Chris Paul isn’t laying the blame on the building or Clippers game operations, he told Dan Woike of the Orange County Register it’s on the players to give the fans something to cheer about.

“One of the biggest things for us is our home court hasn’t really been a home court,” Paul said. “I don’t know. For some reason we just haven’t made it a tough place to play.

“ … Obviously it’s our mentality. We’re the ones playing. We have to give our crowd something to cheer about, something to get behind. We’ve got to make Staples Center, for our home games, a tough place to play.”

“I feel like sometimes we’re a better road team than we are a home team, and that’s not good,” center DeAndre Jordan said. “I mean it’s good, but we want to be a great team at home and a really, really, really good team on the road. We need to figure out how to transition that, and we’ll be fine, but we’ve got to pick it up at home.”

Los Angeles is a city visiting players circle on the schedule — there’s a lot of fun to be had in the City of Angels. That can have opposing players less focused and not at 100 percent when they take the floor for the game, but the Clippers don’t seem to have that advantage. Do the Clippers relax more at home? Are they too comfortable?

The Clippers are an elite team, but if they are going to advance to the Western Conference Finals it’s not going to be one big thing but a lot of little ones that take them to the next level. Having Staples Center become a real house of horrors for opponents is one of those things. We’ll see if things are different for the Clippers this year.

Scottie Pippen’s “take me out to the ballgame” at Cubs game is… dreadful


It’s the biggest game the Chicago Cubs have played in years — and turned out to be its biggest win in more than five decades. Game six of the National League Championship Series. Win (as they did) and the Cubs are in the World Series for the first time since 1945.

Time to bring out the big guns to sing “Take Me Out To The Ballgame” during the seventh-inning stretch.

They get Bulls legend Scottie Pippen — a good choice.

Except, he does not know that song. At all. This was almost Ozzy Osbourne bad.

Adidas has unveiled the “James Harden 1,” his first signature shoe with company

James Harden 1

The new James Harden signature shoe is out, and just like the player himself there is nothing quite like them out there.

Adidas signed Harden last year, and they went to work on a new signature shoe, a process Harden discussed in the press release about the shoes.

“This was my first time creating a shoe from the ground up,” Harden said. “With Adidas, we wanted to stand for something different, be true to who we are and that’s how we separate ourselves. This was a once in a lifetime opportunity and all the work we put in together is what makes this genuine. We’re open to each others’ opinions and we weren’t going to just put shoes on the shelves and say ‘This is James Harden.’ It’s built for how I play and you’ll see my style, different moods, the little details and stories that represent who I am.”

We’ll see how the shoe-buying public responds, but Adidas has banked on Harden with that 13-year, $200 million contract. The Curry line with Under Armour are doing well, although LeBron James and Kevin Durant dominate the market of guys still playing (of course, Jordans still dominate the market). Adidas wants to get a better foothold in the market.

Adidas released four different colorways of the Harden 1. Here’s one more look.

James Harden 1 colorways