Rockets To Decline Chandler Parsons' Option, Leaving Room For A Third Max-Contract

  • Igor Mello

Rockets’ general manager Daryl Morey continues to prove he’s one of the smartest executives in the league. In a savvy move, the Rockets plan to decline Chandler Parsons’ fourth-year option for next season, making him a restricted free agent, according to Adrian Wojnarowski of Yahoo! Sports. The team will have until June 30 to make it official.

Morey clearly doesn’t want Parsons to become an unrestricted free agent at the end of next season, and why should he? Parsons was the team’s third-leading scorer, averaging 15.9 points per game this season, while shooting roughly 44 percent from the floor and 37 percent from downtown. He was set to make $964,750 next season, but now he’s certainly bound to get paid this offseason.

So how is this a smart move for the Rockets?

Look, Parsons current contract is ridiculously cheap, but declining his option gives Houston flexibility for a potential sign-and-trade deal, giving them cap space to make a run at third max-contract player like Carmelo Anthony or Kevin Love in the offseason. Keep in mind that Gordon Hayward is set to be a restricted free agent and Lance Stephenson will be an unrestricted free agent in the offseason. Both players are younger than Parsons. The idea here is to improve your roster. The Rockets are in win-now mode and nothing short of a trip to the NBA Finals next season will be a disappointment. Some team will throw a huge offer sheet at Parsons this offseason, and it will be interesting to see whether Morey matches that offer or makes a big splash this summer.