The Answer entered the NBA in 1996 as the No.1 overall pick of the Philadelphia 76ers. The Georgetown product made $2,267,000 during his rookie season, one that saw him average 23.5 points and 7.5 assists per game en route to easily winning the Rookie of the Year Award.
In his second season, A.I. earned $3,128,640. He finished his rookie contract with the Sixers by making $3,537,000 in Year 3 and $9,000,000 in Year 4.
In the summer of 1999, the Sixers signed Iverson to a six-year, $70.88 million rookie-scale extension. The contract was set to kick in during the 2000-01 season, which was Year 5 for the legendary point guard.
Iverson made $10,130,000 in the first year of his rookie-scale extension. He averaged 31.1 points, 3.8 rebounds and 4.6 assists, paving the way for him to win the 2000-01 MVP. Iverson also guided the Sixers to the 2001 NBA Finals.
Despite the team losing in five games to the Los Angeles Lakers, Iverson became an NBA icon after stepping over Tyronn Lue in Game 1, right in front of the Lakers’ bench. The superstar guard finished Game 1 with 48 points.
Iverson collected $11,250,000 in 2001-02, $12,375,000 in 2002-03 and $13,500,000 in 2003-04. Before the 2004-05 season started, the Sixers gave Iverson a four-year, $73.5 million veteran extension. A.I. made $14,625,000 during the 2004-05 campaign and $16,453,125 in 2005-06.
In December of 2006, the Sixers decided to end the Allen Iverson era by trading the NBA legend to the Denver Nuggets. Iverson made $17,184,375 in 2006-07 and averaged 26.3 points in 65 games with the Sixers and Nuggets.
During his first full campaign with the Nuggets, Iverson averaged 26.4 points per game as he made $19,012,500. That was his only full season in Denver, as the Nuggets traded him to the Detroit Pistons in November of 2008. He made $20,840,62 in 2008-09 from the Pistons and averaged 17.5 points per contest in 57 games between Denver and Detroit.
In the summer of 2009, Allen Iverson signed a one-year, $3 million contract with the Memphis Grizzlies. The former superstar only appeared in three games with the team before agreeing to a buyout and returning to the Sixers on a one-year, $1.03 million deal. Iverson played in 25 games for the Sixers in 2009-10 and averaged 13.9 points. That was his final NBA contract.