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Allen Iverson to Receive $32M Trust Fund as Part of Reebok Contract

  • Allen Iverson's contract with shoemaker Reebok will reap a lifetime of rewards when he turns 55. The NBA great, who turned 45 on Sunday, will receive a trust fund worth $32 million when he turns 55. Iverson inked the trust fund deal in 2001. That year, the NBA's MVP had just led Philadelphia to the Finals. 
  • Iverson still gets paid 800,000 annually by Reebok. Reebok CEO Matt O'Toole once said that Iverson is "an iconic personality" that the shoemaker knows it can bank on worldwide.
  • Photo: Getty

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