Updates from Sunday, July 20
I definitely was a little surprised that they didn’t match. I thought that was the plan going forward that they were going to [match].
But I think [agent] Dan Fegan and my agency ... did a great job with this contract and really put pressure on them. They decided what they thought was best for their future and they told me to go get my best individual contract, and we both did what we thought was best for ourselves.
It’s crazy when you look at it that way. But that’s why I’m so grateful to them, because they really did me a solid by letting me out [of the contract] a year ahead.
I’m assuming that their plan was to do this and not let me hit the unrestricted market next year so they [could] lock me in and then bargain with that offer. I have no hard feelings toward them at all.
Updates from Monday, July 14
ESPN's Marc Stein reports on what Parsons' departure could mean for the Houston Rockets' future plans:
So look for Rockets to re-enter trade game for longtime Houston target Rajon Rondo as well as try to work their way into mix for Kevin Love— Marc Stein (@ESPNSteinLine) July 14, 2014
Stein provides additional details pertaining to Houston's pursuit of Chris Bosh:
ESPN sources say Rockets promised Bosh they would match on Parsons if he committed and believed they were on brink of commitment from Bosh— Marc Stein (@ESPNSteinLine) July 14, 2014
ClutchFans on Twitter notes Rockets general manager Daryl Morey's take on Parsons signing with the Mavericks:
Morey: "You have to be the one to find the Chandler Parsons, not the one that gives the Chandler Parsons the max contracts."— ClutchFans (@clutchfans) July 14, 2014
CSNHouston.com's Adam Wexler adds more comments:
"Mavericks are a smart organization, they wanted him. The structure of that (Parsons) contract is most untradeable I've ever seen," - Morey— AdamWexlerCSN (@awexler) July 14, 2014
Updates from Sunday, July 13
The Dallas Mavericks got their man. Chandler Parsons tweeted out his thanks to the Rockets organization:
Just heard from @dmorey and Mr. Alexander. Nothing but utmost respect for them, the fans and city of Houston. THANK YOU for your support!— Chandler Parsons (@ChandlerParsons) July 13, 2014
Adrian Wojnarowski of Yahoo! Sports earlier reported on Houston's decision regarding Parsons' offer sheet, which had a Sunday night deadline for the Rockets to match:
Houston will not match the $46M Dallas offer sheet for Chandler Parsons, league source tells Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 13, 2014
Houston decided that the contract was too constraining to future roster building to keep Chandler Parsons. He goes to Mavs now.— Adrian Wojnarowski (@WojYahooNBA) July 13, 2014
ESPN's Marc Stein later added:
Rockets BELIEVE they can still execute sign-&-trade with Dallas on Parsons if both sides mutually agree. Seeking league approval as we speak— Marc Stein (@ESPNSteinLine) July 13, 2014
Ultimately, nothing was completed, per Stein:
Sign-and-trade talks between Houston and Dallas have ended, sources say. So Rockets won't be salvaging trade exception from Parsons' exit— Marc Stein (@ESPNSteinLine) July 14, 2014
Updates from Saturday, July 12
Adrian Wojnarowski of Yahoo! Sports has the latest on Parsons' potential contract with the Rockets:
Expect Houston to push a decision on matching the Chandler Parsons offer sheet w/ Dallas until deadline on late Sunday night.— Adrian Wojnarowski (@WojYahooNBA) July 12, 2014
Eddie Sefko of the Dallas Morning News has Mark Cuban's thoughts on the Rockets matching:
Mark Cuban to reporters in Vegas if Rockets match Parsons offer: ""We're going to be a spender. If they match, we have money to spend."— Eddie Sefko (@ESefko) July 13, 2014
Wojnarowski also reported more on the situation later:
The Houston Rockets are still strongly considering the Dallas Mavericks' offer sheet for Chandler Parsons after reaching agreement on a four-year, $32 million contract with free-agent forward Trevor Ariza, league sources told Yahoo Sports.
The Rockets are expected to take until 11:59 p.m. ET Sunday to match the three-year, $46 million offer sheet the Mavericks gave Parsons, sources said. The Rockets could give Parsons some minutes at power forward, allowing them to play him and Ariza together.
Updates from Friday, July 11
USA Today's Sam Amick reports the Rockets cannot decide whether they want to match Parsons' offer sheet after missing out on Chris Bosh:
Meanwhile in Houston, I'm told the Rockets have not made up their minds on whether or not to match Dallas' offer sheet on Chandler Parsons— Sam Amick (@sam_amick) July 11, 2014
The Rockets have been informed that Chris Bosh will resign with the Miami Heat, I can confirm. Yahoo reporting a five-year, $118 mil deal— Sam Amick (@sam_amick) July 11, 2014
Updates from Thursday, July 10
Sam Amick of USA Today reported on Chandler Parsons' offer sheet with the Dallas Mavericks:
Adrian Wojnarowski of Yahoo! Sports added more about the money in the agreement:
A sign and trade between Dallas and Houston will not be happening re: Chandler Parsons, I'm told. The Rockets have the offer sheet.— Sam Amick (@sam_amick) July 10, 2014
Earlier, Wojnarowski reported on the latest surrounding Chandler Parsons and the Dallas Mavericks:
Dallas delivered Chandler Parsons' $46M sheet to Houston, ending sign-and-trade talks, source tells Yahoo. Rockets have three days to match.— Adrian Wojnarowski (@WojYahooNBA) July 10, 2014
Dallas and Houston are discussing sign-and-trade scenarios for Chandler Parsons, league sources tell Yahoo. Offer sheet hasn't been signed.— Adrian Wojnarowski (@WojYahooNBA) July 10, 2014
Parsons tweeted his excitement after reportedly signing an offer sheet with the Dallas Mavericks:
Until Dallas delivers signed offer sheet to Houston, a sign-and-trade is possible for Chandler Parsons. Teams are discussing deals now.— Adrian Wojnarowski (@WojYahooNBA) July 10, 2014
His mother followed with this:
Extremely humbled! One night of fun and back to work. THANK YOU to everyone who has helped me! I am blessed.— Chandler Parsons (@ChandlerParsons) July 10, 2014
After three years of increased production with the Houston Rockets, restricted free agent small forward Chandler Parsons has reportedly signed an offer sheet with the Dallas Mavericks.
ESPN's Marc Stein reported the news Wednesday:
A great celebration! pic.twitter.com/M7yy4WoFmq— Terri Parsons (@sadie1532) July 10, 2014
Adrian Wojnarowski of Yahoo! Sports specified a monetary figure and what the Rockets plan to do:
ESPN sources say Mavericks and Rockets RFA Chandler Parsons have reached agreement on three-year offer sheet worth in excess of $45 million— Marc Stein (@ESPNSteinLine) July 9, 2014
Chandler Parsons is finalizing a three-year, $46 million offer sheet with Dallas, league source tells Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 9, 2014
Parsons will waste no time signing the deal, according to Marc J. Spears of Yahoo! Sports, who also reported on the terms of year No. 3:
No clear answer yet on Rockets matching sheet, but GM Morey had been on phone w/ agents for Ariza, Deng and Pierce today, sources tell Y.— Adrian Wojnarowski (@WojYahooNBA) July 9, 2014
Chandler Parsons is expected to sign his offer sheet with the Mavericks at 12:01 AM EST, a source said.— Marc J. Spears (@SpearsNBAYahoo) July 9, 2014
Because of his status as a restricted free agent, Parsons will now have to wait until the Rockets decide whether they will match the offer. Parsons, who was scheduled to make less than $1 million in 2014-15, per ShamSports.com, will now make much, much more.
Tim MacMahon of ESPN Dallas stated why this deal does have some downside for the Mavs:
Chandler Parsons has a player option in third year of the offer sheet with the Mavs & was attracted to their uptempo offense, a source says.— Marc J. Spears (@SpearsNBAYahoo) July 9, 2014
Coming off a productive 2013-14 campaign, there's no doubt Parsons is outperforming his contract. He was a bargain for Houston last season considering the quality stats he posted across the board.
Adrian Wojnarowski of Yahoo! Sports initially reported that Houston would decline Parsons' fourth-year option on his rookie deal:
The Rockets hold a $960,000 option on the fourth and final year of Parsons' contract for the 2014-'15 season, but want to avoid letting Parsons, 25, become an unrestricted free agent next summer. As a restricted free agent in July, the Rockets can match an offer sheet and retain Parsons on a long-term contract.
There are no guarantees regarding Parsons' return to Houston, however. Parsons is well aware of that, telling a fan on Twitter that the final decision comes down to general manager Daryl Morey:
Chandler Parsons will be overpaid at $15M per year. But Parsons/Dirk pair would be good value at $25M per. Value of Dirk discount.— Tim MacMahon (@espn_macmahon) July 9, 2014
Dallas' offer may prove too large for Houston to match, although the 25-year-old has blossomed into one of the better small forwards in the NBA.
After being selected with the eighth pick of the second round (No. 38 overall) in the 2011 NBA draft, Parsons has steadily developed into a borderline star. His progression from year to year is obvious:
The progression might far from complete, however.
His field-goal and three-point percentages actually dipped in 2013-14. He took more shots last season than in years past, but if he can bring his percentages back up to his 2012-13 marks, Parsons' breakout should continue.
Parsons found success next to Dwight Howard and James Harden last season, but now the Mavericks will look for him to potentially assume an even more prominent role in a new system if Houston does not match the offer sheet.