Grizzlies, Iverson part ways after only 3 games

MEMPHIS, Tenn: The Allen Iverson experiment with the Memphis Grizzlies is over.

Memphis announced on Monday 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 began an indefinite leave of absense on Nov 7 to deal with a personal issue after playing only three games with the Grizzlies, all in California.

"Because of personal matters that forced him to leave the team on Nov 7, Allen will step away from the game at this time, allowing him to focus on those matters," general manager Chris Wallace said. "As a result, we will be ending our contractual agreement with Allen, which will allow both parties to move forward. We wish Allen the best."