Allen Iverson is expected to give the Grizzlies an answer on whether he'll accept their one-year offer on Friday, sources told the Memphis Commercial Appeal.

Iverson's agent, Leon Rose, told the Grizzlies earlier this week that a decision would come before the weekend.

The free-agent guard has expressed interest in playing for both Memphis and Charlotte on his Twitter page recently.

Memphis can pay Iverson $3.5 million, or as much as $4.4 million if they renounce their rights to Spanish guard Juan Carlos Navarro.

"We'll see," Grizzlies general manager Chris Wallace told the Commercial Appeal, adding that there is a "50-50" shot that the club will sign Iverson.

"It's a holding pattern. He's in new territory. He's never been a free agent. He's never been a free agent this late in the offseason. I'm sure he's trying to turn over as many scenarios as he can until he has to commit."

Via Memphis Commercial Appeal

Memphis Grizzlies

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