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Former NBA Star Allen Iverson Reportedly Owes $200,000 in Back Taxes

Former NBA star Allen Iverson is apparently going to have to cough up a large sum of money after owing a reported $200,000 in back taxes. According to The Blast, Iverson has a tax lien placed against him by Georgia Department of Revenue for the years of 2012 and 2013.

Iverson allegedly owes $25,643.12 from 2012 and $174,465.25 from 2013. The unpaid debt has swelled over the years with $44k in interest and $27k in penalties tacked on for not paying on time. All told, Iverson owes $200,108.37.

Allen and his ex-wife, Tawanna Iverson, settled their divorce in 2013 and he had to fork over $3 million to end the battle.

As part of the divorce, it was revealed that Iverson signed a deal with Reebok in 2001 that put $32 million of his deal into a trust that he can’t touch until he is 55 years old, meaning he can’t try and use that money to pay off his tax debt.

His last year in the NBA was 2010.

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