Rockets GM: Parsons deal 'one of most untradeable' ever


Houston Rockets general manager Daryl Morey referred to Chandler Parsons’ three-year, $46 million deal as “one of the most untradeable” NBA contracts he’s ever seen.

Consider that a kind of twisted compliment to the Mavericks’ front office that signed the restricted free-agent small forward to the offer sheet the Rockets ultimately declined to match, allowing Parsons to leave for Dallas.

The contract was designed to be as difficult as possible for Houston to match. That’s why it includes a 15-percent trade kicker and a player option for the third season. Had Parsons returned to Houston, which declined a team option to pay him $965,000 next season to make him available in restricted free agency, the Rockets also could not have traded him without his permission this season due to restricted free agency rules.

Houston would not have been able to bid on a star free agent next summer with center Dwight Howard, shooting guard James Harden and Parsons combining to count more than $53 million against the Rockets’ salary cap. Morey opted to replace Parsons with a less expensive option, signing small forward Trevor Ariza to a four-year, $32 million deal, and maintain the Rockets’ flexibility in the future.

“The Mavericks are a smart organization,” Morey said on SportsTalk 790 AM in Houston. “They obviously wanted to get him. That structure of that [contract] is literally one of the most untradeable structures that I’ve ever seen. That’s why it came down to a bet of Harden, Howard and Parsons being the final piece, because we would have had no ability to do anything after that. And Harden, Howard, Parsons could have been good enough. I think Parsons is a tremendous player and is going to keep getting better.

“The question is, is it better with that core or is it better with Ariza plus the hundreds of moves that might be able to upgrade us in the other scenario. And there’s really no moving -- that core was going to be the core that we had to have, because if we ever wanted to move off and go after the other stars, if we ever wanted to go after a different core, it wasn’t going to be possible. A small-market team that might want a Chandler, he can opt out and leave, so they wouldn’t want him. A big-market team that’s planning for free agency, maybe for the elite free agents coming up in the future, he can opt in. There’s a trade bonus in there. Even if the cap is going to go up likely, we’re just guessing likely significantly in the future, his trade bonus makes his contract go up in lockstep with that.

“I’ve seen some speculation, OK, that we could just do this and just move on to something else if it didn’t work. The reality is that we couldn’t. This would have been our team. That would have been the team that we had and we had to be on bet on. We had to bet on that team or all the multitude of options we could have generated in the other scenario.”

Morey had publicly vowed to match any offer for Parsons before the Mavs called the Rockets' bluff, a big bet that paid off for Dallas.

Mavs president of basketball operations Donnie Nelson doesn't know if there's such a thing as an untradeable contract in the NBA, but he isn't trying to prove Morey wrong in this case.

"First of all, we're not looking to trade Chandler Parsons," Nelson said later Monday on ESPN Dallas 103.3 FM. "Flat out, we want him to be here for a long, long time. In terms of the tradeability, e've had some pretty interesting contracts in the past and were able to get off of them, so I think there's no such thing as an untradeable contract. Clearly that's not the spirit of what we're doing. We're really excited and not looking to move Chandler Parsons at all."