Comcast-Spectacor chairman Ed Snider mirrored earlier comments made by Sixers president and general manager Ed Stefanski about the signing of Allen Iverson.
"With Lou Williams' injury and the fact that he'll be out of our lineup for eight weeks, Allen is the best available guard for us at this time," Snider said in a statement. "When he left our organization I did say 'we're gonna trade him,' but that was only after he requested to be traded.
"This is an opportunity for him to shine here in Philadelphia, where it all started, with the most positive outcome. He is an incredibly talented player and I can't wait to see him in his Sixers uniform again. When Ed Stefanski approached me with the idea, I told him if he truly felt this was the best option for our team, then he had my full approval to move ahead."