NBA Free Agency: Chandler Parsons signs offer sheet with the Dallas Mavericks

Jeremy Lin, Chandler Parsons on Rockets bench

Parsons, a restricted free agent, will become a Maverick unless the Houston Rockets are willing to dig deep to keep him in Houston.

The Dallas Mavericks have followed up the re-singing of Dirk Nowitzki by signing Chandler Parsons to a 3-year, $46 million offer sheet. Given that Parsons is a restricted free agent, the Rockets have the right to match the Mavericks’ offer should they wish to keep Parsons in Houston.

 

Parsons has majorly impressed during his first 3 years in the league, becoming one of the best young players in the NBA. After being drafted in the 2nd round of the 2011 NBA Draft, Parsons quickly began to outshine his label as the 38th pick. Last season saw Parsons put up fantastic all round numbers of 16.6 points, 5.5 rebounds and 4.0 assists per game, highlighting his excellent feel for many different fasets of the game.

While Parsons is undoubtedly talented, Dallas’ offer will see him make over $15 million per year, an incredibly steep number for a player of Parsons experience and production. We can look to the deal recently signed by Gordon Hayward as an indication of why Parsons has been offered such a large figure.

Charlotte signed Hayward, a small forward of Parsons ilk, to a 4-year, $63 million offer sheet, making the yearly figure roughly the same as that which Parsons has been offered. Once the market was set, Dallas wanted to ensure they didn’t miss out on their target by making Parsons an offer that might be lower than another team in the hunt for a small forward, as well trying as price Houston out of the market.

Whether or not Parsons remains in Houston depends on several other moving parts. The first question for Houston to answer is whether they think they have a chance of landing any of the major free agents still available this summer. While the Carmelo Anthony dream looks as though it’s over, the Rockets have set their sights on bringing Chris Bosh to Texas, meaning that they won’t want to spend their remaining cap room on Parsons.

 

Failing this, the Rockets may wish to replace Parsons with a cheaper free agent option such as Luol Deng or Trevor Ariza, both of whom are still on the market and will likely be available for cheaper than Parsons.

 

The prospect of Parsons in Dallas is an exciting one. Playing alongside Nowitzki and Monta Ellis, Parsons would provide the Mavericks with a 3rd dangerous prong in their offence. Defensively, however, the Mavs might struggle. They’re not exactly packed with stellar defenders and Parson isn’t known for his talent on the less glamorous end of the court.

A Parsons move away from Houston could trigger a domino effect in what is becoming an extremely tense free agency and Houston’s response to Dallas’ offer should be watched extremely carefully.