Philadelphia 76ers President and General Manager Ed Stefanski announced today that guard Allen Iverson will not return to the team for the remainder of the 2009-10 season.

"After discussing the situation with Allen, we have come to the conclusion that he will not return to the Sixers for the remainder of the season, as he no longer wishes to be a distraction to the organization and teammates that he loves very deeply," Stefanski said. "It has been very difficult for Allen and the team to maintain any consistency as he tries to balance his career with his personal life."