Ronald Tillery of the Memphis Commercial Appeal reports:

Grizzlies want Allen Iverson decision

Grizzlies owner Michael Heisley says Allen Iverson’s time is up.

Heisley told Iverson’s agent, Leon Rose, that his client must decide soon whether he’ll play or retire because the Grizzlies won’t deal with the uncertainty beyond this week.

Iverson, 34, has been away from the Grizzlies for the past 10 days on a personal leave of absence.

“I’ve treated this like Allen told me it was – a personal leave,” Heisley said. “But either he’s retiring or coming back to play. I’m not upset with Allen. We’ll be happy to accommodate Allen. If he retires, then he retires. If he wants to come back, we’ll gladly accept him back. But I have personally made it clear that there’s going to have to be a decision made. We’re expecting an answer in a couple of days.”

UPDATE: The Commercial Appeal reports that the team and Iverson agree to part ways. He’ll be waived:

I think it’s amazing that a team has to actually still pay a player to take a personal leave like this.

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