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Ballerwives.com has learned that former NBA star Allen Iverson has reached a 3 million dollar financial agreement with his estranged wife Tawanna Iverson in their bitter divorce battle.

TMZ reports:

We’re told Iverson and Tawanna — who married way back in 2001 — informed a judge last week they had reached a financial settlement outside of court in their ongoing divorce case … just days before the two were set to go to trial.

Sources connected with the couple tell TMZ … as part of the deal, the NBA legend agreed to pay Tawanna $3 million, paid out as a large lump sum. We’re told Iverson also agreed to fork over various assets and a percentage of his future Reebok endorsement deal checks. He’ll pay up child support payments for the duo’s five kids.

The settlement comes after a brutal year-long fight between the former lovers … which included allegations of infidelity, hiding money, and petitions for restraining orders.

Good to see the two finally worked it out, especially for the kids.

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