Jul 8th, 2009 | 6:27 pm |

via Memphis Grizzlies considering 1-year, $5 million offer to Allen Iverson : Grizzlies : Memphis Commercial Appeal.

Grizzlies owner Michael Heisley wants to meet with Iverson and is seriously considering a one-year, $5 million offer, according to team insiders. Heisley’s renewed interest presents a sudden turn of events given the organization had all but decided to pass on Iverson.

What began as exploratory discussions with the Griz has turned into substantive talks, according to sources. And the Grizzlies are a house divided on the issue. There is little-to-no support for signing Iverson in the organization, but Heisley is having second thoughts.