Allen Iverson is moving closer to an agreement with Turkish team Besiktas on a one-year contract that could pay him as much as $2 million with bonuses, sources told Yahoo! Sports.
“We are in very serious negotiations with [Besiktas],” Iverson’s business manager Gary Moore told Yahoo! Sports. “Istanbul is beautiful from everything we’ve learned. It’s not that far from the U.S., and the competition is good which makes it all attractive.
“Allen wants to play basketball.”
Besiktas sent a contract to Iverson on Monday and hopes he’ll sign it by week’s end. Still, one source said Iverson could take as long as 10 days to finalize the deal.
One stumbling block to an agreement over the weekend was Iverson’s reluctance to let Besiktas fine him beyond 1 percent of his $1.5 million base salary, a European source told Yahoo! Sports.