The New York Post and TNT reported that the Sixers came very close to dealing Allen Iverson to the Denver Nuggets in exchange for players including Nene Hilario, Earl Watson and Voshon Lenard. The reports said Sixers chairman Ed Snider signed off on the deal but was overruled by the board of directors of Comcast Spectacor, the team's parent company.

King said the Sixers were never close to dealing Iverson to Denver. He called the report of a directors vote "absolutely false. There was no board vote on a situation like that."
King said he had "a great conversation" with Iverson last week.

"We talked about a lot of things," he said, "and as he's stated to you guys, he wants to retire a Sixer, and he's content with that. He told me, `If you make a move, great. If not, I believe in my teammates.'"