The Memphis Grizzlies general manager refuses to confirm whether the team has made a formal offer to Allen Iverson.

Bet 2010 NBA Finals Odds
Iverson tweeted Wednesday that Memphis had made him an offer, and ESPN.com reported general manager Chris Wallace confirmed the Grizzlies had made a formal offer. But Wallace Thursday through a team spokesman would only say he did not confirm an offer to ESPN.com.
``We have had a strong level of interest in Allen Iverson since the beginning of free agency and we have made that very clear to him,'' Wallace said in a statement.
Iverson's agent, Leon Rose, did not immediately return a message left at his office by The Associated Press on Thursday.

Oddsmakers from online sports book SPORTSBETTING.com have made the Grizzlies 200/1 long shots to win the 2010 NBA Finals. Considering his better days are behind him, Iverson may or may not improve Memphis’s odds if the franchise signs him.

Bet 2010 NBA Finals Odds

Posted: 8/27/09 5:00PM ET

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