Allen Iverson Officially Signs $4 Million Contract With Turkish Team

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» by C. Vernon Coleman II November 1, 2010, 14:05pm

Allen Iverson Signs With Besiktas Cola Turka

Signed, sealed and soon to be delivered, future NBA Hall of Famer Allen Iverson has officially inked a $4 million, two-year contract with Turkish club Besiktas.

At a press conference for the signing on Friday, The Answer met with team owners and unveiled his team jersey.

He also spoke about his decision saying,

“A lot of people probably feel like I'm losing sleep because I'm not playing in the NBA, but I'm playing basketball and that's the most important thing.”

Iverson continued,

“I had a great time playing in the NBA. Who knows if I ever will again? But I wanted to show everybody I can play at a high level, not just the NBA.”

According to terms of his contract, Iverson will receive bonuses and a percentage of advertising revenues. The former League MVP also stipulated that the team can't fine him beyond 1 percent of his salary.

As previously reported, Iverson agreed to the terms of the new deal last week.

Iverson turned down a more lucrative deal in China because he is more intrigued about the idea of playing in Istanbul.

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