Philadelphia 76ers President and General Manager Ed Stefanski announced today that Allen Iverson?s contract with the team will be guaranteed for the remainder of the season. Per team policy, no further terms of the deal are disclosed.

All NBA contracts become fully guaranteed if the player is on the team roster on January 10th. Iverson originally signed as a free agent with the Sixers on December 3, 2009.

"Since his arrival, Allen has done everything asked of him and has been an excellent teammate," Stefanski said.