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Allen Iverson’s Six-Bedroom Home Foreclosed, Denver Post Says

Allen Iverson, a former National Basketball Association most valuable player and 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.