There are plenty stories of Allen Iverson’s spending habits out there. This one may take the cake.
In an interview for Sports Illustrated, Matt Barnes recounts how Iverson would spend $30-40k at the strip club and how he would scoop some of the money under his chair.
Allen was the first guy that showed me how NBA players spend money in strip clubs. That guy went. HARD. He’d throw so much money, and this was when I was first in the league, that I used to take my foot and scoop the s–t under my chair and either re-throw it or put some in my pocket. He’d throw $30,000, $40,000 every time we went. I’m like, “You realize what I can do with this money?”
We can’t hate on Barnes here for scooping up some of the money for himself, $40k is the annual salary of most normal Americans.
Iverson on the other hand is just another cautionary tale for athletes on how not to spend money during their carers.