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Rockets Plan to Decline Parsons’ Option?

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The Houston Rockets plan to decline the fourth-year option on forward Chandler Parsons’ contract, freeing him to become a restricted free agent this summer, league sources told Yahoo Sports.

The Rockets hold a $960,000 option on the fourth and final year of Parsons’ contract for the 2014-’15 season, but want to avoid letting Parsons, 25, become an unrestricted free agent next summer.

via Adrian Wojnarowski of Yahoo Sports