During the 1997 offseason, Iverson and his friends were stopped by policemen for speeding late at night and was arrested for carrying a concealed weapon and for possession of marijuana. He pleaded no contest and was sentenced to community service.
During the 2000 offseason, Iverson recorded a rap single called "40 Bars". However, after being criticized for its controversial lyrics, he eventually was unable to release it. Going under his moniker, Jewelz, the album was alleged to have made derogatory remarks about homosexuals. After criticism from activist groups and NBA Commissioner David Stern, he agreed to change the lyrics, but ultimately never released the album.
On February 24, 2004, Iverson urinated in a trash can at Bally's Atlantic City casino in full view of staff and patrons. He was told by casino management not to return.
On December 9, 2005 after the Sixers defeated the Charlotte Bobcats, Iverson paid a late-night visit to the Trump Taj Mahal. After winning a hand at a three-card-stud poker table, Iverson was overpaid $10,000 in chips by a dealer. When the dealer quickly realized the mistake and requested the chips back, Iverson refused and a heated head-turning argument between him and casino staff began. Atlantic City casino regulations reportedly state that when a casino makes a payout mistake in favor of the gambler, he or she must return the money that they did not legitimately win by playing.
Also in 2005, Iverson's bodyguard Jason Kane was accused of assaulting a man at a Washington DC nightclub after the man, Marlin Godfrey, refused to leave the club's VIP section so Iverson's entourage could enter. Godfrey suffered a concussion, a ruptured eardrum, a burst blood vessel in his eye, a torn rotator cuff, cuts and bruises, and emotional injuries. Although Iverson did not touch Godfrey himself, Godfrey sued Iverson for the injuries caused by his bodyguard. In 2007 a jury awarded Godfrey $260,000. The U.S. Court of Appeals upheld the verdict in 2009.
In a Philadelphia Inquirer column published March 7, 2010, Stephen A. Smith wrote that according to "numerous NBA sources", Iverson would "either drink himself into oblivion or gamble his life away", and that Iverson had already been banned from casinos in Detroit and Atlantic City. Smith also wrote that Tawanna, his wife of eight years, had separated from him and filed for divorce, seeking custody of their five children, as well as child support and alimony payments.
In November 2010, Kate Fagan, a 76ers beat writer for the Inquirer reported that Iverson was "broke" and heavily in debt, "by all accounts except his own", and that a member of Iverson's family had previously contacted NBA teams about a contract for him, as he would not be able to pay that person without a contract.
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