NBA All-Star, Allen Iverson retired on Wednesday after waiting for a team to sign him from free agency, Yahoosports.com said.
Iverson, 34, thought he was close to signing with the New York Knicks but when they changed their minds notified ESPN colleague Stephen A. Smith, ESPN.com said.
"I still have tremendous love for the game, the desire to play, and a whole lot left in my tank. I feel strongly that I can still compete at the highest level."
Iverson's skill is not being questioned despite his announcement to retire. So the question is will Iverson remain retired.
"I expect him to stay retired if a great, mutual situation doesn't come about," said Iverson's friend and former teammate Eric Snow. "His legacy has been established
Iverson family was an important factor in his decision making, while he waited for his phone to ring with an offer.
"Wonderful career. Right thing to do for his family," Iverson's manager, Gary Moore said. "It's no secret that Allen has been unfairly treated through all this. The fact is his family needs him more."