The Memphis Grizzlies have signed unrestricted free agent Chandler Parsons to a four-year, $94 million max deal.
After two injury-filled seasons in Dallas, Parsons was not offered the max by the Mavericks. The 27-year-old wing reportedly received a maximum contract from the Blazers, but Parsons ultimately decided that Memphis was the better fit.
Source: Chandler Parsons has agreed to a four-year max deal with the Grizzlies.
— Tim MacMahon (@espn_macmahon) July 1, 2016
The signing is significant in many ways for the Grizzlies and has the potential to be a cornerstone move for the franchise.
Parsons represents the first significant free agent to ever choose the Grizzlies. Deal was done in meeting with Parsons and agent Dan Fegan.
— Adrian Wojnarowski (@wojespn) July 1, 2016
Memphis will now turn its attention to re-signing unrestricted free agent Mike Conley, an endeavor which seems highly probable at this point.
Since Mike Conley co-chaired Memphis' Chandler Parsons recruiting along with J.B. Bickerstaff, you can safely assume Conley is staying there
— Marc Stein (@TheSteinLine) July 1, 2016
Keep up with the latest signings during the July free-agency period by following our 2016 NBA Free Agent Tracker.