Skip to content

Report: Rockets will not pick up Chandler Parsons’ player option, he’ll be restricted free agent

Jun 28, 2014, 2:23 PM EDT

Oklahoma City Thunder v Houston Rockets - Game Four Getty Images

This is another move that is about getting cap space to chase Carmelo Anthony (and maybe LeBron James or Chris Bosh or Kevin Love or any other big name free agents).

As expected, the Houston Rockets will not pick up the player option for Chandler Parsons, reports Marc Spears at Yahoo Sports. Jonathan Feigen of the Houston Chronicle says per the team’s usual “wait to the deadline” policy the Rockets will not make that official until Monday.

Still, it’s going to happen.

If the Rockets had picked it up they could have gotten Parsons to play for them at just $964,750 — a complete bargain. However, at the end of next season he would have been an unrestricted free agent and just bolted. By declining the option now his cap hold goes up some (to $2.9 million, because he met starter criteria), but the Rockets have the right to match any offer, plus it makes him a very valuable sign-and-trade piece to help get a free agent.

Parsons is going to cost the Rockets now if they do try to keep the athletic swingman — another team is going to come in with a big offer, very possibly an eight figure offer, and the Rockets will have to match (and go over the cap to do it). Parsons is going to get paid.

Parsons averaged 16.6 points a game with a true shooting percentage of 56.5 percent plus he grabbed 5.5 rebounds a contest playing almost 38 minutes a game. He’s athletic, can finish around the rim and shot 37 percent from three. He had a PER of 15.9 and is improving each year. He is going to draw a lot of interest.

But the Rockets are big game hunting and looking for all the leverage they can get.

Latest Posts
  1. PBT Extra: What does Kevin Love’s injury mean for his summer plans?

    Apr 28, 2015, 4:30 PM EDT

    Cleveland Cavaliers v Boston Celtics - Game Three Getty Images

    I expect he stays in Cleveland, but nothing is a lock.

  2. Coach Dwane Casey’s fate undecided as Raptors head into turbulent offseason

    Apr 28, 2015, 3:44 PM EDT

    Toronto Raptors v Washington Wizards - Game Four Getty Images

    It looks like Casey will be back. Probably. But nothing is certain.

  3. Report: Lakers interested in signing Rajon Rondo as a free agent ‘only at a certain low price’

    Apr 28, 2015, 3:00 PM EDT

    Rajon Rondo AP

    Jim Buss and Mitch Kupchak both remain interested in Rondo, but have cooled a bit in terms of how high they’ll go to retain his services.

  4. Anonymous GM: If Brook Lopez wants to stay with Nets, ‘he should be able to get whatever he wants’

    Apr 28, 2015, 1:40 PM EDT

    Atlanta Hawks v Brooklyn Nets Getty Images

    Lopez has a player option for $16.7 million next season, but could opt out to re-sign a longer deal this summer — with Brooklyn, or with someone else.

  5. No Kevin Love, no J.R. Smith to start, how much trouble is Cleveland in?

    Apr 28, 2015, 12:30 PM EDT

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpwzjymvhyzgwzgy5njixztvmzwrlzgzmymqxyza3ytg51 AP

    The second round of the Eastern Conference playoffs just got very, very interesting.

  6. Jarrett Jack fires back at Paul Pierce after Deron Williams’ breakout Game 4 performance

    Apr 28, 2015, 11:10 AM EDT

    Deron Williams, Paul Pierce AP

    Williams silenced his critics with a 35-point outing, and Jack had some words for Pierce afterward.

  7. Jason Kidd makes aggressive timeout call late in Bucks’ win over Bulls (VIDEO)

    Apr 28, 2015, 9:50 AM EDT

    Milwaukee Bucks v Chicago Bulls - Game Five Getty Images

    Kidd jumped up and down to make sure to get the timeout he wanted.

  8. PBT Extra: Rockets must adjust to new Mavericks starting lineup in Game 5

    Apr 28, 2015, 8:00 AM EDT

    Dirk Nowitzki, J.J. Barea Dirk Nowitzki, J.J. Barea

    Houston needs to make adjustments to the new Dallas starting lineup.

  9. Portland comes from 10 down in fourth quarter to win 99-92, stay alive in series

    Apr 28, 2015, 2:13 AM EDT

    Memphis Grizzlies v Portland Trail Blazers - Game Four Getty Images

    Without Mike Conley to check him Damian Lillard ran free.

  10. PBT Extra with NBASavant.com: Wizard’s defense peaking at right time

    Apr 27, 2015, 9:01 PM EDT

    Toronto Raptors v Washington Wizards - Game Four Toronto Raptors v Washington Wizards - Game Four

    Washington’s averaged defender distance to the Toronto shooter was 3.55 feet, the closest defense any team played in the first round of the playoffs.

  11. Report: Chandler Parsons to have knee surgery, could require microfracture surgery

    Apr 27, 2015, 7:58 PM EDT

    Dallas Mavericks v Houston Rockets- Game One Getty Images

    The doctor will decide if microfracture is needed while doing a scope.

Featured video

Boston defended LeBron well, it didn't matter
Top 10 NBA Player Searches
  1. R. Rondo (5219)
  2. C. Parsons (4118)
  3. K. Durant (3782)
  4. K. Love (3760)
  5. M. Conley (3606)
  1. T. Parker (3606)
  2. K. Bryant (3592)
  3. P. George (3390)
  4. D. Lee (3320)
  5. P. Beverley (3239)