Allen Iverson Settles Divorce for $3 Million Lump Sum & Additional Payments! Expensive!

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Allen Iverson has finally come to a divorce agreement with his estranged wife Tawanna.  The couple settled out of court just days before they were to go to trial.  The twosome have been battling it out for over a year now.

TMZ is reporting the divorce settlement as follows:

  • A $3 Million lump sum to be paid to Tawanna
  • Iverson will pay various assets and a percentage of his future Reebok endorsement deal checks
  • An undisclosed amount of child support for the couples 5 children

So what does Iverson keep?  He’s keeping the couples Georgia mansion, that is currently in foreclosure, his Maybach and other personal belongings.

The couple accused each other of infidelity, hiding money and slapped restraining orders against each other.  Geez can’t we just all get along?  This is a very expensive settlement!

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