Allen Iverson looses his $4.2 Million Dollar Atlanta Mansion in a auction

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(Photo by Jesse D. Garrabrant/NBAE via Getty Images)

(Photo by Jesse D. Garrabrant/NBAE via Getty Images)

DJ Ace
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Welp, how broke can you really be? According to , Former NBA star, Allen Iverson lost his $4.2 million dollar mansion in Atlanta late Tuesday afternoon after his bank purchased it at an auction for under retail value. H recently defaulted on a $1.2 million dollar home which sent the $4.2 Million dollar home into foreclosure. Over the summer he fought off his bankruptcy, but he couldn’t fight this one. All of this could’ve been resolved, Iverson had a offer to play “D LEAUGE” but he declined the offer, in attempt to get a bigger and better offer. As of yesterday,Iverson’s bank purchased the house for $2.5 million dollars.

1) Do you think Allen Iverson should watch his spending or what? let us know in our comment section below






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