Iverson Signs with Grizzlies

According to the New York Times, guard Allen Iverson has signed a contract with the Memphis Grizzlies. The contract is for one year and $3.5 million. The Times suggests that the deal is beneficial to both parties. Iverson averaged a career low in scoring last season and the Grizzlies ranked 29th in attendance last season. Could Iverson revive his career and put fans in the seats in Memphis?

Rotowire reports that Iverson initially confirmed his signing with the Memphis Grizzlies through his Twitter account. The Grizzlies are expected to officially introduce Iverson on Thursday.

SI.com writer Chris Mannix believes the Grizzlies are impairing their rebuilding process by signing the aging superstar. Memphis has many young talented players on its roster and Iverson's presence could hamper their development.