IVERSON SIGNS WITH MEMPHIS

Allen Iverson wants to prove he's not finished yet. The Memphis Grizzlies want to rev up the rebuilding process with a young roster. That is why the 34-year-old Iverson signed a one-year contract today with a team that hasn't reached the playoffs since 2006 and has never won a postseason game. The Grizzlies are coming off a 24-58 season that tied for fifth-worst in the NBA.

"This year for me is so personal," Iverson said."It's basically going to be my rookie season again. It hurts, but I turn the TV on, I read the paper, I listen to some of the things people say about me having the season that I had last year and me losing a step, things like that. They're trying to put me in a rocking chair already."

The Grizzlies announced they had signed the former NBA MVP and 10-time All Star this morning, minutes before Iverson was introduced at a news conference. The 13-year veteran was welcomed with a standing ovation in an atmosphere that felt like a pep rally, with fans in the lobby of the FedExForum.

- Jason