Allen Iverson signs with the Grizzlies

"God Chose Memphis as the place that I will continue my career."

That's what Allen Iverson wrote on his Twitter Page this morning.

Grizzlies team owner Michael Heisley confirmed that A.I. Verbally committed to play for Memphis late last night.

Heisley told Iverson was very much interested in playing with the young team Memphis has assembled..adding, Iverson thinks he can help them win..

The Grizzlies owner orchestrated the move to bring Iverson to Memphis, despite objections from some of his own basketball staff..

But, Heisley says, -quote- "I'm ecstatic to have him."

Especially for the Bargain basement price of $3.5 Million Dollars for a player who made $21-Million last year alone.

In his 13-year career, Iverson is a 10-time All-Star..he even started last years big game despite a split season between Denver and Detroit.

He's a 4-time NBA Scoring Champion and 1 time NBA Most Valuable Player.

Iverson's incentive laden Memphis deal is perfect for a player who's looking to resurrect his career.

Iverson averaged only 17.5 points a game last season, down from 26.5 the year before..

A back injury, and an unwillingness to come off the bench for the Pistons helped curtail his average...but, the Grizzlies are counting on the lack of love shown to him by other teams this off-season will make him more amenable to play team ball.

Easily the most famous player to ever wear a Memphis Uniform in ANY Sport, requests for Iverson Grizzlies Jerseys have already swamped the Team Store at FedExForum.

We're told those Jerseys will be made available on Monday.

Iverson will Meet the Fans and the Media 11am Thursday at FedExForum.