Allen Iverson-Atlanta,  (Retired) – Georgia, Estimated $2.19 Million

Allen Iverson is a globally recognized basketball player who has won numerous awards and recognitions during his career. Unfortunately, Iverson, who was also known as “The Answer,” reportedly lost his Georgia home to foreclosure a few years back. The latest news is that the bank has unloaded this home for less than $1M even though Iverson bought it for $2.19M.  With a gorgeous European style, the home has seven bedrooms and is approximately 6,000 square feet. Despite the fact that he has not been on the court since 2010, Allen still gets millions from Reebok every year.