Monday, January 21, 2013

Allen Iverson and Tawanna Settle for $3 Million

allen tawana

Former NBA star Allen Iverson finally struck a deal in his bitter divorce battle with his estranged wife and all it took was a cool $3 Million to bury the hatchet. We're told Iverson and Tawanna, who married way back in 2001, informed a judge last week they had reached a financial settlement outside of court in their ongoing divorce case ... just days before the two were set to go to trial.
As part of the deal, the NBA legend agreed to pay Tawanna $3 million, paid out as a large lump sum. We're told Iverson also agreed to fork over various assets and a percentage of his future Reebok endorsement deal checks. He'll pay up child support payments for the duo's five kids. The settlement comes after a brutal year-long fight between the former lovers which included allegations of infidelity, hiding money, and petitions for restraining orders.

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