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Allen Iverson to sign with Besiktas

Updated: October 29, 2010, 2:00 AM ET
Associated Press

Allen Iverson has agreed in principle to a $4 million, two-year contract with the Turkish professional team Besiktas.

Iverson is expected to officially sign with the club this weekend and will begin his overseas career the week of Nov. 8. His management team put out a release Thursday night.

Iverson and Besiktas officials will hold a news conference Friday in New York.

"He's ecstatic," Iverson's manager, Gary Moore, said by phone. "He's very excited, very happy the people ...

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