Sixers to retire Iverson's No. 3

Philadelphia, PA ( - The Philadelphia 76ers announced on Wednesday that the organization will retire Allen Iverson's No. 3 jersey in a ceremony on March 1, 2014, when the Sixers host the Washington Wizards.

Iverson, who officially retired as a Sixer on October 30 when the team opened up the 2013-14 season against the Miami Heat, will become the eighth player in franchise history to have his number retired. He will join Julius Erving (6), Maurice Cheeks (10), Wilt Chamberlain (13), Hal Greer (15), Bobby Jones (24), Billy Cunningham (32) and Charles Barkley (34).

The Georgetown product's NBA game came in February of 2010 with the Sixers, his second go-around with the club that selected him with the first overall pick of the 1996 NBA Draft. He was the NBA's top rookie in 1996-97 and won the league's MVP in 2000-01, a season in which he led Philadelphia to the NBA Finals.

"Allen Iverson is, without question, one of the most iconic players to ever wear the Sixers uniform, said Philadelphia 76ers chief executive officer Scott O'Neil. "Allen left everything out on the court and no one could ever question his heart - he was relentless, fearless and pound-for-pound, was one of the greatest to ever play the game."

Iverson ranks second in franchise history in minutes (29,879), points (19,931), steals (1,644) and free throws made (5,122), and stands third in assists (4,385) and field goals made (6,962).

His average of 27.6 points per game while with the team ties him with Chamberlain for the highest scoring average in franchise history.

Overall, Iverson was an 11-time All-Star and the game's MVP in 2001 and 2005. He led the league in scoring four times and was an All-NBA First-Team selection three times and a Second-Team choice on three occasions.