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Allen Iverson loses to Stephen Colbert in trash-can shootout (VIDEO)

On the heels of his Hall of Fame induction last weekend, Allen Iverson appeared on The Late Show With Stephen Colbert this week. Colbert challenged him to a shootout of paper balls into a trash can, and Iverson got demolished. But he got in a pretty funny Oprah Winfrey joke and generally handled defeat pretty well. You can watch the whole video above.