Tuesday, November 24, 2015

Sixers Sign Iverson

The 76ers have signed Allen Iverson to a one-year contract.

Sixers Sign Iverson


It's a done deal. The 76ers have signed free agent guard Allen Iverson, and said he will make his debut Monday night when they face the Denver Nuggets at the Wachovia Center.

"The buzz is here," Iverson's agent, Leon Rose, told the Daily News this morning. "It's a great opportunity for Allen and something I know he's extremely excited about and looking forward to."

Iverson, who lives in Atlanta, is expected to arrive in Philadelphia in the next day or two.

A source familiar with the Sixers situation said the deal is for the remainder of the season, pro-rated at $1.3 million, the NBA veterans' minimum for players with at least 10 seasons of experience. The source said it is non-guaranteed, but would become guaranteed if Iverson is on the roster Jan. 10.

More coverage
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"In light of the recent injury to Lou Williams, which will sideline him for close to eight weeks, we felt that Allen was the best available free agent guard to help us at this time,'' said Sixers president/general manager Ed Stefanski.

Iverson was waived Nov. 16 by the Memphis Grizzlies after appearing in just three games. He and agent Leon Rose negotiated a settlement of his one-year contract.

Iverson spent the first 10 seasons-plus of his career with the Sixers before being traded to the Nuggets in December, 2006. He was subsequently traded to the Detroit Pistons.

Iverson, 34, is a 10-time All-Star and a four-time scoring champion. He was the league's Most Valuable Player in 2000-01.

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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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