Allen Iverson was one of the most popular and marketable NBA players during his heyday with the Philadelphia 76ers. Even though he hasn’t played in the NBA since 2013, he still has a huge fan base and is considered one of the best players of his generation. As a result, his endorsement deal with Reebok is still going strong, and he’s set to make a lot of money from the company in the coming years.
According to Forbes, Iverson’s Reebok deal is worth a total of $32 million. This includes both his base salary and royalties from sales of his signature shoes and other products. Iverson will receive $800,000 per year in base salary, plus 8% of the wholesale price of his signature shoes. For other products, he’ll receive 5% of the wholesale price.
Based on current sales figures, Iverson is set to make around $1.6 million per year from his signature shoes alone. And with other products, such as clothing and accessories, he could easily make an additional $1 million per year. So all in all, Iverson is still doing very well for himself, even though he hasn’t played in the NBA in nearly seven years.