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Allen Iverson will receive a $30 million trust from Reebok on his 55th birthday as he signed a lifetime deal with them in 2001

 By: Brittney O.
Hip-HopVibe.com Entertainment Editor

 

Philadelphia 76ers legendary Allen Iverson celebrated his 45th birthday on Sunday and the 11X All Star reached a peculiar milestone: The 10 year mark from when he can collect his $32 million trust fund from Reebok. Iverson signed a lifetime deal with the sneaker brand that guaranteed him a $32 million trust in 2030 when he reaches age 55, although Washington Post reports that his ex-wife will receive half.

Iverson originally signed the deal with Reebok back in 2001 as he had just led the Sixers to an NBA Finals appearance. As one of the best guards to ever play the game and also one of the top five players in Sixers history, A.I. currently receives an $800K a year salary from Reebok, which was recently acquired by Adidas.

Iverson shares photos on Instagram as he channels legendary hip hop icon L.L.Cool J  by posing with a similar drip he as the legend while celebrating his day. In a humble message filled with gratitude to his friends, family and fans he writes:

“Thank God, I’m blessed to be here right now. I thank the people that helped me and love me for me. U know who u are!!! Ima keep Pushing.”

A.I. received plenty of love and birthday wishes, among them a post from NBA star Ben Simmons recognizing the franchise legend as they posed together in what seems to be a nightclub appearance.

 

 

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