Name: How Reebok Saved Allen Iverson from Going Broke
Uploaded: 2021-06-30T15:00:35+00:00
Duration: 13 min 17 s
Description: Allen Iverson's shoe deal with Reebok will likely be the best endorsement deal we'll ever see between an athlete and a brand. Allen Iverson has been receiving $800,000 annually from Reebok since he si

2 years ago

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Allen Iverson's shoe deal with Reebok will likely be the best endorsement deal we'll ever see between an athlete and a brand.

Allen Iverson has been receiving $800,000 annually from Reebok since he signed the contract AND he will receive a $32 million payout from a trust setup by Reebok in 2030 when he turns 55.

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SOURCES:
*Shoe Deal*
https://bleacherreport.com/articles/2895210-allen-iverson-to-receive-32m-trust-fund-in-10-years-as-part-of-reebok-contract
*Oral history of AI's sneaker deal*
https://www.nicekicks.com/rise-allen-iverson-reebok-basketball-oral-history/
*Champs YouTubeVideo*
https://www.youtube.com/watch?v=70o2QHVViLs
*The Player's Tribune Article*
https://www.theplayerstribune.com/articles/life-and-times-of-allen-iverson
*TMZ house going to auction story*
https://www.tmz.com/2012/12/01/allen-iverson-atlanta-mansion-home-foreclosure-auction/