Chandler Parsons Signs Offer Sheet with Mavericks: Contract Details, Analysis

Kenny DeJohn@@kennydejohnAnalyst IIIJuly 9, 2014

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Updates from Sunday, July 20

Dwain Price of the Star-Telegram provides a statement from Chandler Parsons discussing the Rockets' decision not match the Mavericks' offer:

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:

Stein provides additional details pertaining to Houston's pursuit of Chris Bosh:

ClutchFans on Twitter notes Rockets general manager Daryl Morey's take on Parsons signing with the Mavericks:'s Adam Wexler adds more comments:

Updates from Sunday, July 13

The Dallas Mavericks got their man. Chandler Parsons tweeted out his thanks to the Rockets organization: 

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:

ESPN's Marc Stein later added:

Ultimately, nothing was completed, per Stein: 

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Updates from Saturday, July 12

Adrian Wojnarowski of Yahoo! Sports has the latest on Parsons' potential contract with the Rockets:

Eddie Sefko of the Dallas Morning News has Mark Cuban's thoughts on the Rockets matching:

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:

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:

Earlier, Wojnarowski reported on the latest surrounding Chandler Parsons and the Dallas Mavericks:

Parsons tweeted his excitement after reportedly signing an offer sheet with the Dallas Mavericks:

His mother followed with this:

Original Text

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:

Adrian Wojnarowski of Yahoo! Sports specified a monetary figure and what the Rockets plan to do: 

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:

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, will now make much, much more.

Tim MacMahon of ESPN Dallas stated why this deal does have some downside for the Mavs:

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: 

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.

Chandler Parsons Year by Year

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.


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