Nope, he wasn't talking about practice. Allen Iverson formally announced his retirement from basketball today in Philadelphia, stating that he had lost the desire to play. The 38-year-old had not played in the NBA game since Feb. 20, 2010, during a brief second stint with the Sixers. Of course it was Philadelphia where the undersized guard first made a name for himself, beginning with the 1996 draft when he was taken by the 76ers with the no. 1 pick. His subsequent 14-year career would be riddled with highlights, including the infamous crossover against Michael Jordan in '97, as well as the jumper over the Lakers' Tyronn Lue in Game 1 of the 2001 NBA Finals. In addition to taking his Sixers to the finals, Iverson won four scoring titles and was a perennial All-Star. The only thing missing from his stat sheet -- that elusive championship ring. In his farewell address, AI asserted "I'm going to always be a Sixer 'til I die." Iverson's No. 3 will be retired in Philadelphia on March 1st. Check out ESPN's coverage of Iverson's announcement in the following video.