June 9, 2020
Allen Iverson will receive a $32 million trust fund payment when he turns 55, thanks to a lifetime Reebok contract.
The 2001 MVP, who led the Sixers to the finals that year, turned 45 Sunday — but in a decade, his Reebok deal will grant him the multimillion-dollar windfall.
Reebok pays the former 76ers star $800,000 a year. He played his last game in 2010, and he’d previously had a 10-year, $50 million contract with Reebok when he first joined the NBA.
Last year, Reebok re-released his rookie season sneaks.
This article originally appeared on Page Six.
