Rockets to sign Trevor Ariza

Updated: July 12, 2014, 8:48 PM ET
By Tim MacMahon | ESPNDallas.com

The Houston Rockets will sign small forward Trevor Ariza to a four-year, $32 million contract, a source confirmed to ESPNDallas.com, giving the team a potential replacement if it opts not to match the offer sheet to restricted free agent Chandler Parsons.

The Rockets have until 11:59 p.m. ET on Sunday to decide whether to exercise their right to match the three-year, $46 million offer sheet Parsons signed with the Dallas Mavericks earlier this week.

Source close to the situation ...

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