The 6-foot-9 forward won't play for the Tigers the rest of this season.
Over eight games this season, Iverson averaged 4.6 points and 1.9 rebounds per game.
“Kuran and I visited and he will be transferring at the end of the spring semester,” Pastner said in a statement. “We thank Kuran for his contributions to the program and wish him well in his future academic and athletic endeavors.”
Iverson was rated the No. 5 small forward and No. 28 player in the class of 2013 by the recruiting service Rivals.com.