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ESPN> Iverson, Grizzlies agree to part ways

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* The Grizzlies announced Monday in a statement that the team has ended its one-year contract with the 10-time All-Star and former league MVP in what it called a mutual agreement. Iverson is expected to be placed on waivers by 6 p.m. ET Monday, a league source told ESPN.com's Chris Sheridan. Wow, man.
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