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Some false news broke this morning claiming that Basketball Hall of Famer Allen Iverson would be playing in the BIG3, a new professional three-on-three league launching this summer. As confirmed by a very reliable source, Iverson is actually a team owner/coach and supporter of the league. He was at a press conference this morning in New York along with Ice Cube, league president Roger Mason Jr., former teammate Kenyon Martin and Rashard Lewis to announced the new league which will tour in eight American cities. Players such as Chauncey Billups, Jermaine O’Neal, Stephen Jackson and Jason Williams will be playing in the league which is back by the legendary West Coast rapper.