Iverson, 38, was selected with the No. 1 overall pick in the 1996 NBA draft by the Sixers and spent the first 10 years with the club (1996-06) and was named Rookie of the Year in 1997. He also spent part of the 2006-07 season and 2009-10 season with the club.
Iverson is an 11-time All-Star and finished his career averaging 26.7 points per game, the sixth-best career scoring mark in league history. He trails only Michael Jordan, Wilt Chamberlain, LeBron James, Elgin Baylor and Jerry West in in career points per game. at the 6-0 Iverson is the smallest player ever to average 20 points or more for his career.
Iverson, who also averaged 6.2 assists and 2.2 steals for his career, led league in scoring four times and steal three time while with the Sixers. He is Philadelphia's franchise leader in 40-point games (76) and 3-pointers (885) and is second behind Hal Greer in points (19,931).
In 2001, Iverson won the league's MVP award while leading the Sixers to the NBA Finals, where they lost in five games to the Los Angeles Lakers.
Iverson would be eligible for nomination to the Naismith Memorial Basketball Hall of Fame in 2015.
Philadelphia will host the Miami Heat on Oct. 30.