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Iverson, Grizzlies agree to part ways
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ESPN.com news services
Monday, November 16, 2009 MEMPHIS, Tenn. -- The Allen Iverson experiment with the Memphis Grizzlies is over. Memphis announced Monday that the team has ended its one-year contract with the 10-time All-Star and former league MVP in what it called a mutual agreement. Iverson was not placed on waivers by the 6 p.m. ET deadline on Monday so is expected to be waived on Tuesday, a league source told ESPN.com's Chris Sheridan. Under the agreement, Iverson will receive only a fraction of the $3 million he was scheduled to earn ... Activate your ESPN Profile!
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