Former NBA Most Valuable Player Allen Iverson will officially announce his retirement at the Philadelphia 76ers' home opener Oct. 30, according to ESPN.
Iverson, 38, last played in the NBA with the 76ers in 2010 and finished his career as an 11-time All-Star who averaged 26.7 points point game.
Iverson played pro ball in Turkey in 2011, but has not played professionally since.
In Iverson's last public comments back in late March, he responded to a question about coming back to play by saying, "My No. 1 goal is trying to accomplish to be the best dad that I can. And if basketball is in my near future, then God will make that happen. But if not, I had a great ride and I've done a lot of special things that a lot of guys have not been able to accomplish and people thought I couldn't accomplish."
Iverson played 13 years in the NBA, averaging 26.7 points per game (and 29.7 ppg in 71 playoff games), 6.2 assists and 2.2 steals per game. He trails only Michael Jordan, Wilt Chamberlain, LeBron James, Elgin Baylor and Jerry West in career points per game.
The 6-0 guard was an 11-time All-Star, led the league in scoring four different seasons and won one regular season MVP award in 2001 while leading the 76ers to the NBA Finals, where they lost to the Los Angeles Lakers.
Iverson would be eligible for nomination to the Naismith Memorial Basketball Hall of Fame in 2015.
The former Georgetown University star began his career with the 76ers, their No. 1 pick in 1996. He also played for the Denver Nuggets, Detroit Pistons and Memphis Grizzlies.
"He might be the greatest athlete I've ever seen," Larry Brown, Iverson's coach from 1997-2003 and the current coach at SMU, told SLAM magazine in August. "I don't think there'll be another one like him."