DALLAS, TX - JANUARY 29: Chandler Parsons #25 of the Dallas Mavericks reacts after scoring against the Brooklyn Nets at American Airlines Center on January 29, 2016 in Dallas, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Tom Pennington/Getty Images)Tom Pennington/Getty Images

Chandler Parsons Reportedly Signs 4-Year Contract with Memphis Grizzlies

Matt FitzgeraldJun 24, 2016

Chandler Parsons hit the open market Friday and quickly cashed in, reportedly agreeing to sign a four-year max contract worth $94 million with the Memphis Grizzlies.

Tim MacMahon of ESPN.com first reported news of the agreement, while Adrian Wojnarowski of The Vertical had noted the two sides were closing in on one.

Parsons averaged 13.7 points, 4.7 rebounds and 2.8 assists in 61 games last season.