Iverson is working with the Justice Entertainment Group on the four-team Las Vegas Superstar Challenge slated for Nov. 12-13 at the Thomas and Mack Center.
He is to appear at a news conference Wednesday to announce captains and players for each team.
Iverson has been out of the NBA since 2010 and spent part of last year playing in Turkey. He was the NBA MVP in 2001, when he led the Philadelphia 76ers to the NBA Finals.
With the NBA in a lockout, the league's top stars have been playing in charity and exhibition games.
