Marc Stein of ESPN.com is reporting that the Dallas Mavericks have signed Chandler Parsons to a $45 million offer sheet. The Rockets have the right to match.
ESPN sources say Mavericks and Rockets RFA Chandler Parsons have reached agreement on three-year offer sheet worth in excess of $45 million
— Marc Stein (@ESPNSteinLine) July 9, 2014
Adrian wojnarowski is reporting that the Rockets and Parsons spent most of the day negotiating an extension.
Houston and Parsons, a restricted free agent, negotiated throughout day, but were unable to come to an agreement on a deal, sources said.
— Adrian Wojnarowski (@WojYahooNBA) July 9, 2014