The report said Iverson did not plan to announce his retirement. Instead, he will have surgery to remove a painful lesion from the leg.
Iverson has been playing this season in the Turkish Basketball League because no team in the NBA offered him a contract. He signed a two-year, $4 million deal with the Besiktas team.
Iverson has also suffered from an injured right ankle that has reduced his playing time this season.
2014: The Year in Music [PHOTOS]