Still Paid: Reebok’s Lifetime Allen Iverson Deal Nets Him $32 Million

When hair braids to the back, sweat headbands, and team jerseys were a package deal of style influenced by NBA Hall of Famer Allen Iverson (AI), another deal he packaged was the $800,000 yearly salary with the footwear and apparel company Reebok in 2001. The good deal didn’t end there because at age 47, Iverson is less than 10 years away from receiving a $32 million trust fund from Reebok when he turns 55. 

Jay-Z The Sports “Fanatic(s)” Joins Board After $325 Million Raise To Expand Into Betting

By Tiyana Jordan Jay-Z and Roc Nation took part in a $325M investment in Fanatics and applied for a New York gaming license to form Fanatics Sportsbook New York’s mobile sports betting market could begin to generate $20B a year in wagers Hip-hop serial entrepreneur Jay-Z continues to leverage his long-term friendships into business relationships,