Posted by Sabrina B. @gametimegirl

Allen Iverson has agreed in principle to sign an incentive-laden, two-year, $4 million contract with Besiktas of the Turkish professional league, sources told Yahoo! Sports on Sunday night.

Iverson plans to sign the contract this week, the sources said, and is expected to report to Besiktas the week of Oct. 31.

Iverson’s contract will give him an opt-out clause after this season. There’s no escape clause during the season for Iverson to leave Turkey and return to the NBA.

Iverson, 35, could make his debut for Besiktas on Nov. 6 in a game against Bornova. Besiktas played its first game of the season on Oct. 19 and is 1-1 in league standings.

Iverson has solicited more lucrative offers to play in China this season, but has been intrigued with the prospects of playing in Istanbul. After controversial exits with his last three franchises – Detroit, Memphis and Philadelphia – Iverson exhausted interest from NBA teams. Despite averaging 26.7 points in his 14-year NBA career, Iverson ran out of opportunities in the league.

Besiktas is considered third among the three most powerful franchises in the Turkish first division. The club has a strong following, and team officials believe Iverson could be an immense gate draw.