The Sixers officially announced that Allen Iverson won't return this season -- note that it doesn't say released. Because he hasn't been. And even if he was, he wouldn't be able to join a playoff-bound team and participate in the postseason because only players signed by yesterday would be.

This isn't shocking news. There were numerous reports, including in the Daily Times, that made it abundantly clear that this was going to occur. But, you know ... some media members get a little excited about the formality of it all.