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Allen Iverson & Tawanna Agree On $3 Million Settlement

Jan 20, 2013 | 11:00 PM    Written By: John S
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Allen Iverson & Tawanna Agree On $3 Million Settlement

NBA legend Allen Iverson and his soon to be ex-wife Tawanna Iverson have finally settled their messy divorce case.

Both parties told Fulton County judge Bensonetta Tipton Lane that they've reached a solution on how to divide up Allen's $18 million fortune. The main point of contention was how to divide up the funds that Mr. Iverson had received from Reebok.

While the specifics of the deal have not been released, both parties appear to be satisfied with the settlement.

UPDATE: As new information comes in, it looks like Allen Iverson and Tawanna Iverson ended their divorce battle with a cool $3 million settlement. In addition to the 3 mils, Iverson had to relinquish several assets, a percentage of his endorsement checks from Reebok, and of course, child support for the former couple's five children. 

The Answer did get to keep his Georgia mansion and his Maybach, though the mansion is currently facing foreclosure. More than anything else, both parties are likely relieved that the battle is over.

Source: hiphopenquirer.com

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