Chandler Parsons and the Memphis Grizzlies have agreed to part ways, resolving a long-brewing situation between the sides.
Parsons signed a 4-year, $94 million contract with the Grizzlies before the 2016-2017 season even though he was coming off a knee injury. He’s been limited by knee injuries since and only played in 70 games over his first two seasons with the team.
Parsons played in the first three games of this season but was sidelined by knee soreness and has not played in a game since despite saying he’s medically cleared. Just recently, he declared he was “healthy,” yet the team still wasn’t playing him.
On Sunday, ESPN’s Adrian Wojnarowski reported that Parsons is leaving the team as the two sides agree on a separation. The Grizzlies still owe Parsons $38 million.
Grizzlies owe Parsons $38M, including his $25.1M guaranteed salary for 2019-20. He's in third season of a four-year, $94M contract. Details surrounding separation soon on https://t.co/XcwLHcsHad. https://t.co/aiJWdmlB6C
— Adrian Wojnarowski (@wojespn) January 6, 2019
