Former NBA player Allen Iverson of Besiktas Cola Turka reacts during their Turkish basketball league game against Fenerbahce Ulker in Istanbul, Turkey, Sunday, Nov. 21, 2010.
*Former NBA star Allen Iverson, an 11-time All- Star, has stopped paying the mortgage on his 6,848-square-foot house in Cherry Hills, Colorado, the Denver Post reported.
Iverson, 35, who purchased the property in 2008 for $3.88 million, let the six-bedroom, nine-bathroom home slip into foreclosure and owes more than $2.5 million to Wells Fargo Bank, the Post reported, citing a Notice of Election and Demand for Sale filed in Colorado’s Arapahoe County on Feb. 28.
