The Memphis Grizzlies and Chandler Parsons have agreed to part ways. "I am ready to play and committed to getting back on the court". While Parsons was willing to play for the Hustle, he wanted a clearer plan in place for his return to the Grizzlies before doing so.
The reason is Parsons is making $24.1 million this season (about $13 million of that still to be paid), and a fully guaranteed $25.1 million next season.
ESPN's Tim MacMahon and Adrian Wojnarowski reported on Sunday that Chandler Parsons will leave the Grizzlies indefinitely while management and his agent work to structure a resolution of his future with the franchise. Limited by injuries, he played a combined 70 games over the first two seasons of that contract, but Dunleavy told The Commercial Appeal on December 28 that Parsons had been cleared and was ready to play.
Parsons is now in the third year of his four-year, $94 million deal with the Grizzlies.
"We will continue to monitor Chandler's progress", Wallance said.
Now healthy and cleared to play, however, it'll be time to see if Parsons still has anything left in the tank should a team take a chance on the former promising talent.
Memphis is working to find a trade that would send the 30-year-old forward elsewhere, according to a report from ESPN, which cites unidentified league sources.
The final disagreement that led to Parsons leaving the team and city - perhaps permanently - has been centered around the circumstances of a possible G League assignment.
"In the last of these conversations, we presented Chandler clear options for him and his representatives to choose, which included a short three-home-game stint for the Memphis Hustle or rehab either in Memphis or in Los Angeles with the training team of his choice".
Parsons had chosen to scrimmage 5-on-5 with the Grizzlies to prove his readiness in recent weeks and made a positive impression on the coaching staff and teammates with his ability to still contribute offensively, sources said.
Parsons has been limited to 73 games, primarily because of knee problems, since signing with the Grizzlies in the summer of 2016.
In 3 games this season, Parsons averages 5.7 points and 1.3 rebounds.