The Knicks have decided not to sign Allen Iverson.
The team had been considering whether to add Iverson to the roster after starting the season 2-9. As of Thursday evening, a deal appeared imminent. One source put the percentage likelihood of the Knicks signing Iverson in the high 90's.
Knick owner James Dolan was reportedly hesitant about signing Iverson for the remainder of the season.
Via Twitter (Howard Beck, New York Times)
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