Skip to content

Report: Mavericks shake up Rockets’ free-agent plans, agree to offer sheet with Chandler Parsons

Jul 9, 2014, 7:08 PM EDT

Houston Rockets v Dallas Mavericks Houston Rockets v Dallas Mavericks

The Houston Rockets made a calculated risk when they declined Chandler Parsons’ team option and made him a restricted free agent this offseason rather than letting him becoming an unrestricted free agent next summer.

Had Houston simply picked up Parsons’ option, he would have counted safely at just $964,750 against the cap this offseason. Instead, he counts at $2,875,130 until his new contract goes into effect. When it does, his 2014-15 salary will become his cap number, and that will be much higher.

Essentially the Rockets were betting Parsons would patiently wait an offer. Houston would sign an outside free agent first and then exceed the cap to re-sign Parsons.

That plan might have backfired.

Marc Stein of ESPN:

David Aldridge of NBA.com:

On a three-year contract, Parsons’ max is $46,164,000, so this is a max contract or close to it. Parsons’ max starting salary is $ 14,725,359 – a heck of a lot more than $2,875,130.

The easy path for the Rockets is signing a top free agent during the 72-hour period they have to match, and then they can go over the cap to keep Parsons.

But that’s predicated on other free agents deciding so quickly. Houston might not get everything to line up so conveniently.

If the Rockets match, they’ll be out of the race for any elite free agents and likely anyone who commands more than the mid-level exception. Carmelo Anthony reportedly plans to re-sign with the Knicks, so there’s likely no dilemma there.

But what happens if LeBron James – and therefore Chris Bosh – is still in flux? Would the Rockets match Parsons’ offer? Or would they let him leave on the chance they can get Bosh?

Daryl Morey backed himself into a corner.

The Mavericks might be hamstringing themselves, too. That’s a lot of money to pay Parsons if Houston doesn’t match – though, if Gordon Hayward deserves a max contract, Parsons probably does, too. Those two have similar value.

For the most part, I like the deal for Dallas, even if it hinders long-term flexibility. The Mavericks are trying to maximize Dirk Nowitzki’s final years. Trading for Tyson Chandler was a good step, and this would be another. Parsons is a solid all-around player who immediately makes the team better.

Plus, if the Rockets match and miss out on a premier free agent, Mark Cuban can take pride in making life difficult for a rival.

Latest Posts
  1. Report: Sacramento consultant Chris Mullin to take St. John’s head coaching job

    Mar 30, 2015, 6:14 PM EDT

    Chris Mullin AP

    There were rumors he wanted the Sacramento GM job, but George Karl has the power there now.

  2. PBT’s NBA Power Rankings: Cream rising to top as playoffs near

    Mar 30, 2015, 3:15 PM EDT

    Tim Duncan, Tony Parker, Marco Belinelli, Manu Ginobili Tim Duncan, Tony Parker, Marco Belinelli, Manu Ginobili

    The top three are Golden State, Cleveland and San Antonio. Would you be shocked if any of them won the title?

  3. Knicks are bad everywhere, fire D-League coach

    Mar 30, 2015, 1:27 PM EDT

    Foot Locker Three-Point Contest Getty Images

    Phil Jackson disciple Craig Hodges now coaching Westchester Knicks

  4. Michael Jordan played first Bulls "home" game at a high school (video)

    Mar 30, 2015, 12:49 PM EDT

    Michael Jordan, Dean Smith Michael Jordan, Dean Smith

    Jordan made preseason debut at Washington High School, but at one point, it seemed Washington High alum Junior Bridgeman would be the big draw

  5. Russell Westbrook dunks on teammate Enes Kanter

    Mar 30, 2015, 12:11 PM EDT

    Russell Westbtook, Enes Kanter Russell Westbtook, Enes Kanter

    D.J. Augustin throws the alley-oop, and two Thunder players go for it. Westbrook won.

  6. Texas’ Myles Turner, a likely lottery pick, declares for NBA draft with YouTube video

    Mar 30, 2015, 11:33 AM EDT

    Texas v Butler Getty Images

    Good decision to go pro, poor decision to end video how he did

Featured video

Where does Steve Nash rank all-time?
Top 10 NBA Player Searches
  1. H. Whiteside (6016)
  2. K. Martin (5617)
  3. K. Durant (5564)
  4. K. Lowry (5396)
  5. R. Rubio (5025)
  1. B. Knight (5024)
  2. D. Wade (5023)
  3. G. Monroe (4985)
  4. D. Rose (4963)
  5. P. George (4781)