I heard the skit when it aired and thought then that it was shameful.
If anyone has paid attention to Allen Iverson over the last few years, it's obvious that he's really trying to do the right things. Sure, the early part of his career was checkered with some bad incidents and some selfish behavior. But Iverson has really turned a corner as a man and has become someone that kids can actually look up to.
The satire was weak in the first place, but it was particularly ridiculous because (from a public standpoint at least) most of what was satired is no longer true about Allen.
The Spurs have reacted appropriately to this situation. It's a blemish on the city of San Antonio, I think, that we have hosts who actually thought about this and concluded that it would be funny.