The Grizzlies will give serious consideration to using the stretch provision to unload Chandler Parsons‘ contract after this season ends, writes Chris Herrington of The Daily Memphian. Parsons will make $25.1MM in 2019/20, the final season of a four-year, $94MM deal that he signed during the free agent bonanza of 2016.
Memphis has gotten minimal production from Parsons, who has been plagued by injuries for most of his time with the organization. He played a combined 70 games over the past two years and has appeared in just three this season because of knee and back soreness.
Stretching Parsons’ contract would allow the Grizzlies to break it up into $8.4MM payments over the next three seasons and could give the team enough room to offer a max contract next summer. However, that depends on other financial factors as well, such as whether Marc Gasol decides to opt out of his $25,595,700 deal.
There’s more Grizzlies news to pass along, all courtesy of Herrington:
- Memphis probably won’t fill its open roster spot, even after the MCL sprain that could sideline Dillon Brooks for up to eight weeks. Omri Casspi‘s impending return from a knee injury will help ease the shortage, and the Grizzlies believe Yuta Watanabe can become a contributor on defense. The front office recently explored the idea of adding former Knicks center Joakim Noah, but no signing is planned, at least not right away. Like many teams with cap issues, Memphis has been keeping one roster spot unfilled to help save on tax penalties.
- There may be sentiment to bring back Zach Randolph, who hasn’t gotten off the Kings’ bench this season, but that comes more from fans than from the organization. Randolph had his best years in Memphis, but he seems to have accepted his situation in Sacramento and there’s little incentive for the Kings to buy him out before they try to trade him. Randolph has an expiring $11.7MM contract that could make him attractive to a contender by the February deadline.
- The Grizzlies are an intriguing possibility for Carmelo Anthony once his time in Houston officially ends. Memphis could use another shooter and has both a veteran core and a strong foundation on defense that could help Anthony excel. However, Harrington notes that power forward is now probably Anthony’s best position, and the Grizzlies are already well stocked there with Jaren Jackson Jr., JaMychal Green and Kyle Anderson.
Kings should be on the phone with Memphis on a daily basis. Use that Cap Space. ZBo + Koufos for Parson + a Top-3 Protected 1st.
Several teams should be hunting for a 1st… Cavs. Dekker + Hill same deal. Nets – Crabbe or Carroll & Dudley. Hawks – Lin & Dedmon.
I understood why the risk was taken and didn’t hate it at the time, but man had that Parsons contracted turned into one of the worst ever bang for your buck deals.
Sam Bradford level theft.
melo misses more time he could get out of basketball shape