Iverson is returning to the franchise where he was an MVP, calling this an opportunity he couldn't turn down.
He said at the Wachovia Center on Thursday he's ready to prove he can still play. The 10-time All-Star guard signed a nonguaranteed deal with the 76ers on Wednesday.
The 34-year-old Iverson was teary almost from the start of his news conference. He says he retired after his ill-fated stint with Memphis because he felt like "the basketball part of my life was over."
Iverson will play his first game for the 76ers against Denver on Monday.