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Allen Iverson Foreclosure Looms for Cherry Hills, Colorado Mansion

Posted: December 9th, 2012 in Allen Iverson by LALATE

Allen Iverson Foreclosure Looms for Cherry Hills, Colorado Mansion


LOS ANGELES (LALATE) – An Allen Iverson foreclosure looms for his Cherry Hills, Colorado. The Allen Iverson foreclosure proceeding asserts that the former NBA star owes more than he has into his Colorado mansion.

Iverson bought the house in 2008 for $3.88 million but owes more than $2.5 million on the stunning mansion. Just last October, he signed a $4 million deal to play for the Turkish basketball club Besiktas for two years. But that may not be enough to correct the current trouble.

The Denver Post reports this weekend that the foreclosure proceeding has been filed, even though Iverson can still rectify the situation. A Notice of Election and Demand for Sale is on place in Colorado’s Arapahoe County for February 28, 20102 officials tell news. Iverson has yet to comment about the matter to news.

There are conflicting news reports about the foreclosure and the auction date. One report claims that the home was set to be auctioned off last December 4. But officials now tell news that the matter is rolled over to February. Second, one news report claims that Iverson bought the house for $4.5 million in 2010. But another claims he bought it for $3.8 million in 2008.



Allen Iverson To Play for Besiktas in Turkey

Posted: October 25th, 2010 in Allen Iverson by LALATE

Allen Iverson To Play for Besiktas in Turkey


LOS ANGELES (LALATE) – Allen Iverson is going to play for Besiktas in Turkey, says Seref Yalcin. Allen Iverson will sign a Turkish basketball contract for one year with a one year option with Besiktas, says reps for the team Monday.

Besiktas’ rep Yalcin tells Turkish news organization DHA that the former 76ers will fly to Istanbul next week, meet with Besiktas team officials, and sign a deal that has allegedly been agreed to already. The terms of the contract are one year for $1.5 million with a $300,000 signing bonus after passing medical testing in Istanbul. The contract will have a one year option. Besiktas has yet to confirm the salary level under the optional second year.

Besiktas’ reps including executive board member Seref Yalcin
will meet with Iverson at his home on Friday in the U.S.; Iverson will reportedly travel to Besiktas’ offices in Istanbul in 10 days.

After Allen Iverson signed with the Memphis Grizzlies, he tweeted in 2009 “God Chose Memphis as the place that I will continue my career.” He added the following about Memphis “I feel that they are committed to developing a winner and I know that I can help them to accomplish that. I feel that I can trust them. Memphis is a place that I would love to play. The Grizzlies have good young players with a great upside. I love the city of Memphis, too. I would lead by example”.

Iverson later left the team and resigned with Philly.



Allen Iverson’s Daughter Messiah Iverson

Posted: February 23rd, 2010 in Allen Iverson, Basketball by LALATE

Allen Iverson's Daughter Messiah Iverson

The illness of Allen Iverson’s daughter Messiah Iverson has prompted Allen to take a leave. Allen Iverson’s daughter Messiah is 4 years old. Sixers president Ed Stefanski says the situation is a “very serious issue”.

Beyond that, no further details were given about the 4 year old. 76ers confirm Allen Iverson will miss the next three games. But the team says the break is indefinite. Iverson previously missed five games and the All Star Game.

Stefanski said:

“At this time, we feel that it is in the best interest of the Sixers, Allen and his family that he be allowed to deal with a very serious issue that is far greater than the game of basketball”.

Iverson is under a one year contract with the team having left the Grizzlies.

Allen Iverson Grizzlies!

Posted: September 9th, 2009 in Allen Iverson, Basketball, Sprots by LALATE

Allen Iverson Grizzlies


Allen Iverson took to Twitter to announce he’s joining the Memphis Grizzlies! Allen Iverson’s Memphis Grizzlies deal was confirmed in a Wednesday morning Tweet:

“God Chose Memphis as the place that I will continue my career.”

Iverson said he met earlier this week with Grizzlies owner Michael Heisley, general manager Chris Wallace and coach Lionel Hollins:

“I feel that they are committed to developing a winner and I know that I can help them to accomplish that. I feel that I can trust them.”

“Memphis is a place that I would love to play. The Grizzlies have good young players with a great upside. I love the city of Memphis, too.

“I would lead by example”

How much will Iverson’s deal be? It’s a reported one year contract for $3.5 million, compared to $21 million paid in Denver and Detroit.

Watch below video on the Iverson deal.

Allen Iverson Cuts His Hair! Haircut PHOTOS

Posted: February 15th, 2009 in Allen Iverson, Basketball, Sports by LALATE

Allen Iverson Cuts His Hair! Haircut PHOTOS


PHOTOS! Here are pictures of Allen Iverson’s new haircut. Also watch VIDEO as Allen Iverson cuts his hair! Yes, Iverson cut his hair, the conrows are gone!

Above is the old look. And here is the new haircut photos ….

Allen Iverson Pictures
Allen Iverson Photo 1
Allen Iverson Photo 2
Allen Iverson Photo 3

CLICK HERE TO WATCH THE HAIR CUT VIDEO

LALATE can only describe this one way – it’s the end of an hair-era.

Iverson cut his hair before the Eastern All-Star Practice. Watch the video to see his team’s reaction.

Iverson Trade to PISTONS!

Posted: November 3rd, 2008 in Allen Iverson, Sports, World by LALATE

Iverson Trade to PISTONS


An Iverson Trade to the Pistons? Yes, Nuggets have traded Allen Iverson for Pistons’ Chauncey Billups and Antonio McDyess! The Iverson trade to the Pistons was chatted moments ago to press.

However, official statement has not been released.

The Detroit Pistons traded former Chauncey Billups and Antonio McDyess to Denver for Allen Iverson Monday, reports AP.

No comment by Pistons, Billups or McDyess … at least yet.

Thoughts?











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