NBA

Former NBA star Allen Iverson is digging himself into a giant financial hole -- with monthly bills that largely outweigh his monthly income -- but the good news is ... he's still got his fancy-schmancy Maybach.

Allen recently filed docs in GA court as part of his nasty divorce battle with his ex Tawanna Iverson which outline his dire financial situation.

According to docs, Allen brings in $62,500 in monthly income, but his expenses are FAR, FAR, greater ... costing him a cool $358,376.66 PER MONTH!!!!

So where does all his money go?

A large chunk -- $125,749.33 to be exact -- is spent paying off various creditors (like his jeweler) ... and some goes to his mortgages (but not for long, since his ATL crib is about to be auctioned off).

But Allen says he blows a lot on OTHER expenses too ... like $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants ... and so on.

All in all, Iverson -- who reportedly made over $150 MILLION during his NBA career -- says he ends up in the hole each month to tune of $295,876.66. Ouch.

Despite the mounting debt though, he's still got his Maybach (which is fully paid off) ... and reportedly worth between $340k - $400k.

When L.A. Lakers star Steve Nash joined the team, he said one of the benefits was that he could be closer to his kids ... which is why his legal fight to keep his children out of California is bizarre.

Sources connected with the couple tell TMZ ... Nash's ex-wife Alejandra wants to move the former couple's three children from AZ to L.A. We're told Nash has objected and is waging a legal war to prevent it from happening.

Our sources say Alejandra hired one of the biggest divorce lawyers in L.A., Lance Spiegel, to fight Nash in both AZ and California courts.

As for why Nash doesn't want his kids moving closer to him, we called his rep but haven't heard back.

Based on our research, one thing's for sure ... Nash will get socked for WAYYY more child support in CA than AZ.

We're told there is a gag order in place ... so no one can talk about the case.

Spiegel told TMZ, "I can't comment on the information you attribute to sources connected with TMZ."

Ex-NBA star Stephon Marbury is refusing to pay another cent in hush money to a former mistress -- who worked as his private chef back in 2006 -- claiming his ex-lover isn't entitled to any cash ... because she blabbed their little secret to the world.

You'll recall, the mistress -- a woman named Thurayyah Mitchell -- filed court docs back in October, trying to force Marbury to make good on the $300,000 he allegedly owed her as part of their confidentiality agreement.

Mitchell claimed Marbury -- who's married with kids -- agreed to pay her $900,000 in exchange for her silence regarding the 2006 affair, but stopped making payments in 2010 ... after only coughing up $600,000.

The arbitrator ruled in Mitchell's favor, ordering Marbury to pay her an additional $330,000 -- but now, he's refusing to pay that sum.

Marbury has just filed legal docs of his own, insisting Mitchell gave up her right to that money by publicly filing court docs that detailed her affair with the basketball player.

According to Marbury, the documents violated the confidentiality agreement because they were filed publicly rather than under seal.

Former NBA star Allen Iverson's about to lose his massive Atlanta mansion -- because the bank is gearing up to sell the house at auction next week, TMZ has learned.

Iverson purchased the home back in 2010 for $4.5 million -- but according to official records, he defaulted on his mortgage and the bank foreclosed. Now, the home is set to be sold at auction on December 4th ... along with all the crap inside.

Iverson's currently going through a nasty divorce with his estranged wife, and he's famously been dealing with money problems ... including a nearly-million-dollar debt to a Georgia jeweler.

A.I. still has a chance to save it if he comes up with the cash before auction time ... but the clock's ticking ... fast.

Unemployed NBA superstar Kenyon Martin is not a fan of "Basketball Wives" ... telling TMZ it not only depicts NBA players in a false light, but explains, "That sh*t is toxic to your soul."

Martin -- who played in the league from 2000 to 2012 -- was leaving the Roxbury nightclub in Hollywood last night when we asked how he felt about the VH1 reality show, which stars some of his colleagues ... and K-Mart didn't hold back.

"I don't watch that sh*t man ... that sh*t is toxic to your soul to watch that sh*t man."

Bynum -- a former member of the L.A. Lakers -- claims that ever since he moved into his fancy home in Westchester, CA more than 7 years ago, he's been constantly harassed by his neighbors, Ramond and Cindy Beckett.

According to his lawsuit, filed in L.A. County Superior Court, Bynum says ... the Becketts have objected to his "profession, his race, his friends, his cars and his taste in music."

Bynum claims the Becketts have behaved like petulant children -- throwing coins at his Ferrari (which chipped the paint), screaming at him about his music, and even banging the side of his house with "a long stick."

But the Becketts quickly responded to the lawsuit with a countersuiit of their own -- TRASHING Bynum as the neighbor from hell who only sued them to preemptively strike against the lawsuit they had been planning.

In their legal docs, the Becketts UNLOAD on the NBA star -- claiming he's guilty of the following misdeeds:

-- brandishing FIREARMS in an attempt to intimidate the Becketts
-- "apparently" using drugs and allowing weed smoke to drift next door
-- blasting loud, profane rap music (including the song "Currency" by Trina)
-- blasting his video games at "window-shaking volumes"
-- letting his dogs run loose through the neighborhood
-- constantly racing his luxury cars at dangerous speeds

Bynum has denied the allegations ... and according to docs filed by Andrew, the Becketts have sold their house since the lawsuit was filed ... so they're no longer neighbors.

Phil Jackson says he's NOT bitter at the Lakers for passing him over for the head coaching job earlier this month ... claiming Lakers brass decided to go with Mike D'Antoni in a "midnight coup."

The Zen Master was out in Santa Barbara this weekend ... when he was asked if he felt the Lakers treated him unfairly during the negotiations. Jackson explained, "We never discussed any terms ... so there was never anything unfair about it."

Phil -- now 67-years-old -- also made it clear ... the chances of him ever coaching in the NBA again are "slim and none."

Still, Jackson had some advice for the Lakers ... and for Kobe Bryant.

Dwight Howard's baby mama says her nasty custody battle with the NBA star is an unfair fight -- all because he can simply outspend her -- so she's asking a judge to make HIM cover HER legal fees.

TMZ broke the story ... Dwight and former "Basketball Wives" star Royce Reed are entangled in a bitter legal battle after Dwight filed for sole custody of their young son.

In the latest development, Royce -- who was axed from "BB Wives" this year -- filed docs in Florida asking a judge to make Dwight foot her legal bills, claiming she can't afford them.

According to the docs, Royce claims that Dwight rakes in over $1.3 million per month and should cough up the cash, otherwise, the fight's not fair. She claims he can hire an army of lawyers ... while she'll get buried in bills and eventually have to drop out.

In the docs, her lawyer says she's already racked up a $44,113.50 bill and is expected to tack on another $60k plus if she continues to fight ... for a grand total of $106,621.80.

Kevin Durant is fighting back against a lawsuit claiming he stole the nickname "Durantula" from a 1980s musician ... arguing that he didn't give himself the moniker and doesn't even use it to make money.

As TMZ first reported, the Oklahoma City Thunder star was sued by guitarist Mark Durante, who claimed he had trademarked the name and used it to sell merchandise long before KD came along.

But in his response -- filed earlier this month in Illinois Federal Court -- Durant claims the media and his fans have been calling him by the name his whole career. Durant says he has NEVER used the name to sell merchandise ... so Durante's lawsuit has no merit.

In addition, Durant claims that no one would ever confuse him with Durante (who has played with the likes of Public Enemy, The Aliens and The Next Big Thing).

KD wants the lawsuit tossed completely and wants Durante to cover his legal fees.

Chamique Holdsclaw is facing serious charges following her assault arrest this week, but she has at least one person in her corner ... reality TV star and marginal NBA player Lamar Odom.

Odom was out at Katsuya following the Clippers blowout victory over the Chicago Bulls last night, when he surprised our photog by saying he actually went to high school with the WNBA legend and offered up support for his old friend.

Holdsclaw is out after posting $100,000 bond. She is facing two counts of aggravated assault, two counts of damaging property and one count of possession of a firearm during the commission of a felony.

It's the opposite of a slam dunk ... in fact it's more like a devastating defeat ... L.A. Lakers exec Jeanie Buss unloaded her L.A. mansion ... for nearly $1 MILLION LESS THAN SHE PAID.

Buss -- ya know the daughter of Lakers' head honcho Jerry Buss and girlfriend of Phil Jackson -- purchased the 4,266-sqaure-foot-digs back in 2007 ... for a cool $2,769,000.

Fast forward 5 years ... Buss recently sold the 4-bedroom, 5-bath-pad for $1.8 million. For those of you with stellar math skills ... that means she lost $969,000 on the sale.

The bright side ... the Lakers are 3-5. And just fired their coach. So not a lot of "bright."

Chicago Bulls star Taj Gibson may or may not be messing around with the "yelzenbah" -- and if anyone knows what the hell that is, we're all ears.

Taking a style cue from Dora the Explorer, Philadelphia 76ers star Andrew Bynum decided to go out in public like this last night.

Discuss.

Huge news! LeBron James is shedding that "most hated man in sports" title -- and there's only one way to celebrate -- eggs. Welcome to ADD Theater.

Jamie Foxx knows it takes a lot to measure up to Miami Heat forward Chris Bosh ... like a chair.

The 44-year-old actor pulled a Tom Cruise by jumping onto some furniture to pose for a pic with the 6'11 NBA star at the GQ Men of the Year party in L.A. on Tuesday.

Manny Pacquiao stepped out of the ring today and on to the blacktop ... where he took on TWO basketball legends at the same damn time.

TMZ has obtained a photo of Manny ballin' around with NBA gods Charles Barkley and Reggie Miller.

We're told the guys had been training all day long -- including a trail run in Griffith Park -- before they decided to hit a local court for a shootaround session.

Sources tell us cameras documented the entire thing for an upcoming special on TNT.