Western Notes: Pelicans, Parsons, Grunwald

The Thunder lost a valuable weapon Friday with the expiration of a $6.5MM trade exception left over from last year’s sign-and-trade of Kevin Martin to the Wolves. The Thunder had hoped to use the exception to acquire Pau Gasol, and today lost out on the big man, report Marc Stein and Ramona Shelburne of ESPN.com. Here’s more from out West:

• The Warriors had considered using their own expired trade exception to acquire Brandon Bass, among other players, reports Zach Lowe of Grantland.
• The Pelicans renounced their rights to Al-Farouq Aminu, Jason Smith and James Southerland, tweets Mark Deeks of ShamSports. That means they no longer hold any form of Bird rights on the trio.
• The Suns also renounced Emeka Okafor‘s rights in a move that will erase his $19.2MM cap hold from Phoenix’s books, Deeks reports in a separate tweet.
• Sources tell Marc Stein of ESPN.com (via Tim MacMahon of ESPN.com) that although the Rockets just snagged small forward Trevor Ariza, Houston is still deciding whether to match Chandler Parsons‘ max offer sheet with the Mavs.
• The Grizzlies have been talking up Glen Grunwald as a candidate for their GM-in-waiting search, Mitch Lawrence of New York Daily News reports. Lawrence expects Memphis to hire Grunwald for the job.

Chuck Myron contributed to this post.