Grizzlies clear space for flexibility (Iverson?)

Sporting News staff reports The Grizzlies renounced their $3 million qualifying offer to F Hakim Warrick, making him an unrestricted free agent—and possibly clearing the way for a bigger-name free agent. Although Yahoo! Sports reported earlier this week that talks between SG Allen Iverson and the Grizzlies were dead, that didn't stop at least one Grizzlies player from speculating that the new cap space could be used on Iverson. "If it's to make room for Allen Iverson, I definitely think we're making a step forward," G O.J. Mayo told ESPN.com, "and as a young player in my second year in the league (it) definitely gets me excited that we're going the right way and making some good choices for the organization." Grizzlies general Chris Wallace told ESPN.com that Warrick's offer was rescinded in order to give the team "more flexibility going forward in free agency." Warrick was the last remaining member of th...