Memphis, TN -- (Sports Network) - Allen Iverson's short tenure in Memphis is already over, as the Grizzlies and the future Hall of Fame guard have mutually agreed to terminate his one-year contract with the club.

Iverson, who signed with Memphis as a free agent in September, missed the first three games of the season with a hamstring injury before returning. He came off the bench in each of his three appearances, prompting the nine-time All-Star to express his unhappiness with the situation.

He was given a leave of absence from the team on November 7 and has been away from the Grizzlies since that time.

"The Grizzlies and Allen Iverson have come to a mutual agreement that because of personal matters that forced him to leave the team on November 7, Allen will step away from the game at this time, allowing him to focus on those matters," Grizzlies general manager Chris Wallace said in a statement. "As a result, we will be ending our contractual agreement with Allen, which will allow both parties to move forward. We wish Allen the best."

The Grizzlies signed veteran point guard Jamaal Tinsley to a one-year deal last Saturday.

Iverson averaged 12.3 points and 3.7 assists in the three games this season, playing just over 22 minutes a game.

The 34-year-old started last season with Denver but was traded to Detroit on November 3 after just three games and played 54 games with the Pistons. His season was curtailed by a back problem and he averaged 17.5 points, 5.0 assists and 3.0 rebounds in a combined 57 games, including 53 starts.

The former Georgetown star spent his first 10 full seasons with Philadelphia, leading the 76ers to the NBA Finals in the spring of 2001. He was the league MVP for the 2000-01 season.