Allen Iverson Quits as BIG3 Coach Due to Scheduling Conflicts After 1 Season | News, Scores, Highlights, Stats, and Rumors

FILE - In this July 16, 2017 file photo, 3's Company coach Allen Iverson yells to his team during a game against Tri State during in the BIG3 Basketball League in Philadelphia. Iverson did not show up for the Big3's games in Dallas, and the league says it is investigating his absence. (AP Photo/Rich Schultz, File)RICH SCHULTZ/Associated Press

Allen Iverson announced on Wednesday in an Instagram post that he will not be coaching 3's Company when the second season of the BIG3 tips off later this month: 

"Due to scheduling conflicts, I have informed the @thebig3 that I will not coach this year and they support me in this decision. However, do know that this does not end my association or support of the league and I will attend games this season whenever able.

"I wish the league continued success. I encourage my fans to continue to support the Big 3 as I will. I am forever grateful for the opportunity to be a part of the Big 3 Family in its inaugural season. When my friend and idol, Ice Cube asked me to get involved in helping him I did not hesitate and would do it all again in at a moment's notice. I wish the league the players, coaches and fans continued success this and every season that follows."

Iverson initially signed on as a player/coach prior to the BIG3's inaugural season. However, he ceded his captaincy to DerMarr Johnson and pivoted to a full-time role on the bench shortly after the league began play. 

Five-time NBA champion and former Los Angeles Lakers guard Michael Cooper will take over for Iverson. 

BIG3 @thebig3

BREAKING: @ShowtimeCooper will coach 3s Company during this season of the BIG3. We wish @alleniverson the best and look forward to seeing him at BIG3 games this season! #BIG3Basketball #Showtimelakers

Following April's draft, 3's Company now boasts Johnson, Baron Davis (co-captain), Drew Gooden (co-captain), Andre Emmett, Jason Maxiell and Derrick Byars.  

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