Allen Iverson has rejected a $1 million deal to make his playing return to professional basketball on a tour in China, and has plans to file a lawsuit against Chinese promoters breaching a current coaching contract, sources told RealGM.

RealGM reported on May 21 that Iverson had been pushed so hard by promoters in Harbin, China, that officials and fans created difficulties in allowing him to leave to continue his tour. Last month, Iverson reached agreement on a coaching deal for a Chinese tour, under no obligation to perform on the court, as stated in his contract.

After an attempted breach of the first contract, which was paid in full to Iverson, the future basketball Hall of Famer had more turbulence this week: Promoters claimed to Chinese officials that they paid the $1.1 million owed to Iverson in his second round of the deal, but sources close to Iverson insist the entire sum has gone unpaid and falsely wired.

Iverson released a statement to RealGM on Friday afternoon through his representative on the tour, NBA agent and lawyer Muhammad Abdur-Rahim:

"I have visited The Peoples Republic of China on multiple occasions. Each time I visit, I am taken aback by the love, appreciation, and respect that the people in China show me. Normally, I visit larger cities like Beijing and Shanghai.  However, on this trip I had the honor and privilege to visit other parts of China for the first time.  I was personally blown away by the love that the fans had for me in Harbin, Xi’An, Jingjiang, and Hefei. In addition, having the opportunity to meet with local business owners and witness the amazing infrastructure throughout China will leave an everlasting impression on me.

"I am highly disappointed by the unethical and dishonest actions of Tianjin Qi Di Culture Co., Ltd (“QIDI”), Beijing Landmark Advertisement Co., Ltd, Mr. Li Dong and Mr. David Lee, regarding my participation in this tour. Tianjin Qi Di Culture Co., Ltd (“QIDI”), Beijing Landmark Advertisement Co., Ltd, Li Dong and David Lee have continuously lied, misled my fans and breached the contracts between their companies and myself. Despite their negative actions, I will still continue the tour for my fans. What’s more important to me than any contract or sum of money is the love that my fans have for me."

Iverson is expected to return to the States after this weekend, and Abdur-Rahim will forge a group of attorneys in Atlanta for a lawsuit against two promoters, Li Dong and David Lee.

An 11-time NBA All-Star and the 2001 Most Valuable Player, Iverson last played professionally in 2011 with a Turkish team.

The Philadelphia 76ers own the draft rights to Dario Saric and Chad Ford was asked during his chat how he would rank in this year's class.

"Probably Top 10. But maybe higher based on the NBA's infatuation at the moment with playmaking fours," writes Ford. "Everyone wants a Draymond Green right now and Saric is one of the best playmaking fours I've seen in the draft for a while. Zach Lowe did a great story on this yesterday worth reading. But given that criteria, Saric would be very intriguing to teams. I think given the way the NBA is playing right now, he could be a very valuable piece for the Sixers when he decides to come."

Saric was the 12th overall pick in the 2014 NBA Draft and currently plays for Anadolu Efes.

Nick Calathes has denied a report from Spain that claimed he wants out of the NBA and has been offered to Barcelona.

"The NBA is my first priority," Calathes said.

Calathes will be a restricted free agent this summer after two seasons with the Memphis Grizzlies.

Calathes previously spent four years in Europe.

Despite signing an agreement to coach a Chinese tour, Allen Iverson has been pushed so hard to play by local promoters in Harbin, China, that officials held the 11-time NBA All-Star in the city and delayed his next stop, sources told RealGM on Thursday.

Iverson won in his head coaching debut Wednesday, leading Team Iverson to a 10-point victory over Lioning. A future basketball Hall of Famer, Iverson no longer has a desire to play, thus signing a coaching deal for the tour. Still, local promoters in Harbin wanted him to step outside of his contract and put on a jersey, later preventing him to move forward on the tour against his will, sources said.

Iverson remained on the sideline as coach, and after the game went to a promotional dinner that included Yao Ming. When Iverson readied to depart for a 6 a.m. flight Thursday to Xi’an, sources say local fans and promotors closed off transportation, leaving him without a plane until later in the day. There was strong support within Iverson’s family to scrap the tour and return to the United States.

As one source told RealGM, “He did everything he could to leave for his next city, and they still held him hostage. For a guy who's beloved in China, it was ridiculous.”

Iverson, the No. 1 overall pick in the 1996 draft, cemented a remarkable legacy in 14 NBA seasons -- including the 2001 Most Valuable Player award, four scoring titles, two All-Star game MVPs.

Iverson announced his retirement from basketball in October of 2013.

The Liaoning Leopards have offered Lester Hudson a $2 million contract to return to the club next season, according to the Shenyang Daily.

Hudson led Lianing to second place in the regular season and lost to the Beijing Ducks in the CBA finals.

Hudson played for the Los Angeles Clippers after the CBA season finished.

Nemanja Bjelica of Fenerbahce Ulker Istanbul has been named the 14-15 Euroleague MVP.

Bjelica, who turned 27 last week, ranked fourth in the league in average performance index rating, but his 18.3 index rating was best among players on winning teams. It was the best season of Bjelica’s career as he helped Fenerbahce reach its first ever Final Four.

“I want to thank everybody who chose me for this and to my family for supporting me all these years,” he said after receiving the trophy. “This is a historic moment for my club and team, Fenerbahce Ulker. I also want to thank my teammates and coaches and everybody at Fenerbahce Ulker who made this happen. It really is a big honor and means a lot to me.”

Euroleague MVPs (since current awards format was put in place)

2005 Anthony Parker, Maccabi Elite Tel Aviv
2006 Anthony Parker, Maccabi Elite Tel Aviv
2007 Theodoros Papaloukas, CSKA Moscow
2008 Ramunas Siskauskas, CSKA Moscow
2009 Juan Carlos Navarro, Regal FC Barcelona
2010 Milos Teodosic, Olympiacos Piraeus
2011 Dimitris Diamantidis, Panathinaikos Athens
2012 Andrei Kirilenko, CSKA Moscow
2013 Vassilis Spanoulis, Olympiacos Piraeus
2014 Sergio Rodriguez, Real Madrid
2015 Nemanja Bjelica, Fenerbahce Ulker Istanbul

Rasmus Larsen was found dead in Belgium on Wednesday at the age of 20.

"We have no idea the cause," his agent Doug Neustadt said.

Larsen, a 7-foot Danish center, had been invited to EuroCamp at the age of 16.

Bogdan Bogdanovic of Fenerbahce Ulker Istanbul has been named the Euroleague Rising Star Trophy winner for the second season in a row.

The Rising Star Trophy recognizes the best Euroleague player each season who was under the age of 22 on July 1 of the summer before the season started. Having won the award also last season, when he played for Partizan NIS Belgrade, Bogdanovic joins Nikola Mirotic, who did so in 2011 and 2012 with Real Madrid, as the only players to win the Rising Star Trophy twice.

In addition to leading Fenerbahce in games started (25), he was second in minutes (27:50), assists (2.7 apg.) and three-pointers made (46) and third in free-throw shooting (78.2%) and defensive rebounding (2.4 drpg.). He was also among the top three in scoring (10.7 ppg., third), three-pointers made (second), assists (first), steals (0.8 spg., second) and fouls drawn (2.5, third) among all Rising Star Trophy-eligible players this season.

The Phoenix Suns drafted Bogdanovic 27th overall in the 2014 NBA Draft and own his draft rights.

For the second season in a row, Bryant Dunston of Olympiacos Piraeus has been chosen by Euroleague head coaches to win the Best Defender Trophy.

As a shot-blocker, stealer and all-around immovable force, Dunston anchored an Olympiacos defense that proved the best of the 2014-15 season.

The Olympiacos center becomes the only player besides six-time winner Dimitris Diamantidis to be voted the competition's best defender more than once.