Finally! It seems as if Gilbert Arenas has officially singed a one-year deal with the Grizzlies, according to David Aldridge. It only seemed like a matter of time. Since yesterday afternoon there was speculation that this deal would get done "any time now," and, well, it took some time but it's done.
Welcome aboard, Mr. Arenas. We're looking forward to it!
[We'll update with particulars as they come in....]