Allen Iverson: Former NBA Superstar Slapped with Big Bill for Unpaid Bling

Josh MartinNBA Lead WriterJanuary 30, 2012

LAS VEGAS, NV - OCTOBER 26:  Basketball player Allen Iverson attends a news conference at the Thomas & Mack Center to announce the Las Vegas Superstar Challenge October 26, 2011 in Las Vegas, Nevada. The three-game tournament will take place at the Thomas & Mack Center on November 12 and 13, 2011, and will feature four teams made up of NBA players, former NBA players and rookies. Iverson will serve as a captain for one of the teams.  (Photo by Ethan Miller/Getty Images)
Ethan Miller/Getty Images

Allen Iverson, the former NBA superstar known to basketball fans as "The Answer," failed to live up to his nickname and is apparently about to pay a hefty price for it.

According to TMZ, a judge in Georgia has seized control of AI's bank accounts and will be garnishing his earnings so as to repay a debt he currently owes to a jeweler in the state.

What "earnings" the judge expects to garnish from remains to be seen. The former superstar guard for the Philadelphia 76ers and the Denver Nuggets hasn't set foot in an NBA game in nearly two years.  

Iverson was sued by Aydin & Company Jewelers in 2010 after allegedly failing to pay up on a $375,000 bill for what would appear to be some rather expensive bling. The one-time superstar guard for the Philadelphia 76ers and the Denver Nuggets failed to respond to the lawsuit, at which point the courts issued a default judgment of $859,896.46 in favor of A&C to cover the jewelry, interest and court and attorney fees.

Perhaps hoping to defy the law like he did his critics throughout his playing career, AI continued to ignore the bills with which he was being served. That left the judge in A&C's case no choice but to grant the jewelers direct access to Iverson's personal Wells Fargo accounts.

There's no word yet as to whether A&C has recouped its cash yet, though one thing remains clear.

Of the 3,262 turnovers that Iverson piled up over the course of his 14-year NBA career, this latest one is easily the costliest.