The Houston Rockets had a very specific plan this offseason. Wait until LeBron James makes his decision, try to sign Chris Bosh if LeBron leaves, and then match whatever offer sheet Chandler Parsons gets from another team. They had to sign someone before committing money to Parsons because his cap hold was so low and it was the only time this salary cap space would exist for them. Parsons agreed to a three-year, $46 million offer sheet with the Dallas Mavericks, the Rockets missed on Bosh, and settled for Trevor Ariza.
But the acquisition of Ariza is apparently making Parsons expendable for the Rockets. Adrian Wojnarowski of Yahoo Sports is reporting the Rockets will not match the Mavericks' offer sheet, clearing Parsons to join up with Dallas.
Houston will not match the $46M Dallas offer sheet for Chandler Parsons, league source tells Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 13, 2014
This is a surprising move by the Rockets because it seemed like matching the deal and revisiting what to do with the roster a year from now would have been the play. The Rockets would have been paid heavily for the wing position this season, but could have used either player in a trade next summer. Instead, the Rockets let Parsons go. Parsons tweeted out that he heard from Daryl Morey and Rockets' owner Leslie Alexander while thanking Houston for their support.
Just heard from @dmorey and Mr. Alexander. Nothing but utmost respect for them, the fans and city of Houston. THANK YOU for your support!— Chandler Parsons (@ChandlerParsons) July 13, 2014
Parsons played three years for the Rockets and had a career year in 2013-14. He averaged 16.6 points, 5.5 rebounds, and 4.0 assists while making 47.2 percent from the field and 37.0 percent from three.