Word on the curb is that former NBA baller Allen Iverson is dayum near broke and homeless!

[READ: Allen Iverson Faces Foreclosure of Atlanta Mansion (PHOTOS)]

The basketball legend, who reportedly made over $150 MILLION during his sports career, is drowning in debt and there it seems there’s no way out.

A.I. reportedly brings in $62,500 in monthly income and while that isn’t necessarily chump change, Iverson’s monthly bills are almost 4 times his income!

In financial documents disclosed as part of his bitter divorce battle with his ex-wife, Tawanna Iverson, A.I. revealed his lavish lifestyle costs him around $358,376.66 per month.

[FLASHBACK: Iverson’s Wife Demands List of All Sex Partners in Divorce Battle…]

While Iverson is clearly drowning in debt, at least he has one thing that’s fully paid off and isn’t in jeopardy of repossession…? his Maybach!

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Former NBA baller Allen Iverson?has faced quite a bit of hardships over the past few years.

[READ: “Financially Strapped” Iverson Offered Substantial Amount To Switch To Football… ]

Iverson, who has been battling his estranged wife in a lengthy on again/off again divorce battle is reportedly battling his mortgage company as well.

[FLASHBACK:?Iverson + Lamborghini + Atlanta = Classic Case of “DWB” (PHOTOS)]

A.I. purchased a piece of swanky North Atlanta property a few years back, but due to his recent financial difficulties, it’s looking like the bank is gearing up to sell his mansion at auction next week!

[WATCH: Professional Athletes Share How They Lost it ALL on ESPN’s 30 for 30 “Broke” (FULL VIDEO)]

Details below… Continue Reading…