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Allen Iverson turned 45 years old yesterday and is due for a hefty bonus in exactly 10 years. He signed a lifetime deal with @reebok back in 2001, when he led the Philadelphia 76ers to the Finals and won NBA MVP. This lifetime deal includes a $32 million dollar trust fund - to be received when Iverson turns 55. The deal also pays him an $800,000 yearly salary to this day. Iverson is a prime example for athletes to strike when the iron is hot. Back in 2001, Iverson was arguably the most popular player in the league. His play on the court and swagger off the court made him a very marketable athlete. He wisely cashed in right away...and is still reaping the financial benefits even as a long-time retired player. #afrugalathlete #financialwealth #financialliteracy #alleniverson #reebok #endorsement

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