Allen Iverson About To Go Broke? Not Even Close

Those who think Allen Iverson is closing in on financial ruin apparently are unaware of his recent house purchase. Atlanta real estate blog reports this week:

Allen Iverson Undefeated Reebok Shoe

According to the transactions section in the Atlanta Business Chronicle, “The Answer” recently purchased a home at 675 Paces Ferry Road, a small gated community located in the Kingswood neighborhood in Buckhead.

Previously a John’s Creek resident, Iverson’s decision to move to Buckhead is yet another vote of confidence for one of Atlanta’s toniest enclaves. Currently on sabbatical from the NBA, Iverson purchased the home for a cool $4.5 million.

Vote of confidence? Do they know about the Wet Willies re-zone?