TMZ broke the story--Iverson's Lambo was impounded in Atlanta last week after cops noticed the expired plates.
Now the police report is out ... in which cops say Iverson shouted at the officer, "Take the vehicle, I have 10 more." He allegedly continued, "Police don't have anything else f**king to do except f**k with me."
According to the report, Iverson even dropped the line, "Do you know who I am? ... I make more money than you will in 10 years."
But Iverson didn't let things end on a sour note -- according to the report he later "came back and apologized for disrespecting the police."