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Allen Iverson still gets $800,000 a year from Reebok, and the CEO says it’s still worth it

Related Topics: Allen Iverson, Reebok, Matt O'Toole

Allen Iverson last played in an NBA game in February 2010, when he scored 13 points for the Sixers in a 122-90 loss to the Bulls in Chicago.

But eight-and-a-half years later, Reebok is still paying him $800,000 a year, as it has been since they signed "The Answer" to a lifetime contract. And last week, Reebok CEO Matt O'Toole said the company thought it was still worth it.

Iverson quickly received a 10-year, $50 million contract from Reebok when the Sixers made him the first overall pick in the 1996 draft. The company then released the Reebok Question, which the guard wore en route to winning rookie of the year honors for the 1996-97 season.