<![CDATA[Allen Iverson to collect $32 million trust fund payment in 2030]]> https://usagag.com/2020/06/09/allen-iverson-to-collect-32-million-trust-fund-payment-in-2030/ Tue, 09 Jun 2020 01:20:57 +0000 hourly 1 https://usagag.com Allen Iverson to collect $32 million trust fund payment in 2030 Allen Iverson will receive a $32 million trust fund payment when he turns 55, thanks to a lifetime Reebok contract.

The 2001 MVP, who led the Sixers to the finals that year, turned 45 Sunday — but in a decade, his Reebok deal will grant him the multimillion-dollar windfall.

Reebok pays the former 76ers star $800,000 a year. He played his last game in 2010, and he’d previously had a 10-year, $50 million contract with Reebok when he first joined the NBA.

Last year, Reebok re-released his rookie season sneaks.

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