Apr 23, 2014; Houston, TX, USA; Houston Rockets forward Chandler Parsons (25) reacts after a play during the fourth quarter against the Portland Trail Blazers in game two during the first round of the 2014 NBA Playoffs at Toyota Center. The Trail Blazers defeated the Rockets 112-105. Mandatory Credit: Troy Taormina-USA TODAY Sports

NBA Rumors: Chandler Parsons will need $12 million to leave Rockets

When the Houston Rockets decided that they were going to decline the option on forward Chandler Parson’s final season, it surprised many.

However, declining the option will make Parsons a restricted free agent, meaning if Parsons signs an offer sheet with another team, they can match the offer and retain him. The Rockets could also sign a free agent, then go over the cap to keep Parsons.

On team that may be able to sign Parsons and still have room to add a max player next season is the Los Angeles Lakers. They could then perhaps keep Pau Gasol, who is set to become an unrestricted free agent and be ready to return to the postseason in 2016. However, Bill Ingram of Basketball Insiders believes Parsons will have to sign an offer sheet worth at least $12 million per season for the Rockets not to match.

I actually asked a GM friend of mine that question recently, and he said he feels Parsons is probably a $10 million per season talent, but that you would have to offer him $12 million per season to get him away from Houston. I don’t think the Lakers get him for the offer you suggest, but you’re on the right track. Of course, that assumes the Lakers are starting to think about contingency plans, and that isn’t Jim Buss’ strong suit. He’s planning to swing for the fences on multiple fronts.

Parsons averaged 16.6 points, 5.5 rebounds, 4.0 assists and 1.2 steals per game while shooting 47.2% from the field, 37.0% from beyond the arc and 74.2% from the free throw this season.

Tags: Chandler Parsons Houston Rockets Los Angeles Lakers NBA Rumors

  • thomas rickard

    Why do they keep blaming Jim for Jerry Buss decisions, but if lebron opts out , a lot of teams will spaz out

  • J Taylor

    Sounds like Houston came to terms that Melo isn’t going to come to their city and acted accordingly.
    At least for Houston, they SHOULD make the 2nd round next year and feel like they improved over this year.

  • Tai Mega

    Or Houston could of kept him another season for less than a million, so this all still makes no sense.
    Why entertain going way over the cap to keep him?
    What a whiff of an article…
    Parson’s can ball though!

  • J Taylor

    Or think of it this way,
    There are $12M reasons why Melo won’t be moving to Houston this summer.

  • hookedonnews

    Dwight Howard won’t be happy if Parsons leaves Houston. That’s one reason to go after him. Kidding, but that would be a bonus. Doubt Lakers would want to pay him $12 million and not sure they want him. Think they are looking for bigger fish.