Thursday, December 18, 2014

Iverson's contract guaranteed by Sixers

Allen Iverson's contract with the 76ers will be guaranteed for the rest of the season, team president and general manager Ed Stefanski said today.

Iverson's contract guaranteed by Sixers

The Sixers have guaranteed Allen Iverson´s contract for the remainder of the year. (AP Photo/Steve Yeater)
The Sixers have guaranteed Allen Iverson's contract for the remainder of the year. (AP Photo/Steve Yeater)

Allen Iverson's contract with the 76ers will be guaranteed for the rest of the season, team president and general manager Ed Stefanski said today.

Iverson signed a pro-rated non-guaranteed contract worth $1.3 million.

All NBA contracts become fully guaranteed if the player is on the team roster on Jan. 10. Iverson originally signed as a free agent with the Sixers on Dec. 3.
 
"Since his arrival, Allen has done everything asked of him and has been an excellent teammate," Stefanski said. 

In nine games, Iverson is averaging 15.7 points and 4.7 assists in more than 33 minutes per game.

More coverage
 
Deep Sixer: Team guarantees Iverson
 
Stats: Allen Iverson
 
Deep Sixer: Arenas expected to play tonight

"I'm happy for Allen,'' said Leon Rose, Iverson's agent. ''It's been a win-win situation for everybody. I believe Allen has a lot of good basketball left in him.''

The Sixers, going in to tonight's game against Washington, are 6-18 without Iverson, 4-5 with him.

''I was confident this was going to work out,'' Rose said. ''But I don't think anyone could have asked for any more.''

About this blog
Bob Cooney has been at the Daily News for more than 20 years, working in the sports department for the past 15. This is his third season on the Sixers beat. He has covered just about everything, but mostly college basketball, where he was the La Salle beat writer for six seasons. E-mail Bob at cooneyb@phillynews.com and follow him on Twitter.

Bob Cooney
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