Chandler Parsons' future with Rockets

The Houston Rockets own a team option for 2014-15 regarding Chandler Parsons' contract and general manager Daryl Morey has until the end of the month to pick it up or decline it. Parsons is on the books for $964,750 next season if the option is picked up and will be an unrestricted free agent come July 1, 2015. Should the option be declined, Parsons will enter the 2014 market as a restricted free agent.