Chandler Parsons is heading to Dallas after the Houston Rockets determined it was too pricey to match the Mavericks' offer sheet. The Rockets and Mavericks might do a sign-and-trade for Parson, but regardless Parson will sign a 3-year $46 million deal.
The Rockets planned to exercise their right to match the offer to Parsons, but Houston's plans changed after the team failed to sign All-Star power forward Chris Bosh in costless agency. Bosh instead returned to the Miami Heat on a five-year, $118 million contract and left the Rockets without the third star to complement Dwight Howard and James Harden.
The Rockets found a more cap-friendly replacement for Parsons in costless-agent small forward Trevor Ariza, who signed a four-year, $32 million deal with the Rockets on Saturday.
This has been a rough off-season for the Rockets thus far, but the Mavericks couldn't be any happier. The Mavericks number one goal during costless-agency was to upgrade their small forward position whlle at the same time getting younger. In Parsons they get a 25-year-old who has potential to be an All-Star and can be a cornerstone for the future of the franchise.
The Mavs hope that the 6-foot-9, skilled, versatile Parsons can grow into a star after averaging 16.6 points, 5.5 rebounds and 4.0 assists in his third NBA season. For the Mavs, that makes Parsons well worth the price, especially after the rest of the board was picked clean.
Don't count out Rockets GM Darly Morey from making moves before the end of costless-agency as they have opened up cap space with the trading away of Jeremy Lin and Omer Asik.
For the Mavs they get the promising star that they've been hoping for in Chandler Parsons to pair alongside Dirk Nowizki and Monta Ellis.