If you want to know what was potentially the worst free agent signing this past summer with all of the funny money that was thrown around, you have to look no further than the Memphis Grizzlies and Chandler Parsons.
The Grizzlies gave Parsons a massive four-year, $94 million contract this summer despite all of his recent injury concerns (and the fact that his close friend and party buddy Mark Cuban didn’t want to re-sign him in Dallas) because they figured he would be the missing piece for a Grizzlies team that was a player of his talents away from contending in the western conference, and they may have been right if he didn’t have chronic knee issues.
Parsons has by far had the worst season of his career, only appearing in 34 games and averaging 6.2 points, 2.5 rebounds and 1.6 assists on 34 percent shooting and 26 percent shooting from three. Now he will officially miss the remainder of the 2016-17 season to undergo surgery to repair a torn meniscus in his left knee.
— CBS Sports NBA (@CBSSportsNBA) March 19, 2017
This tweet breaks down just how little value the Grizzlies have gotten out of Parsons in his first season of the massive deal…
Chandler Parsons 2016-2017 stats
-$25 million "earned" this year
-$1 million per made three
-$125K per point
-$735K per game played
— The One Legged Fade (@OneLeggedFade1) March 19, 2017
It really is a shame because Parsons was once a very exciting young talent and a great story as one of those rare second round picks who reach stardom or close to it and are able to receive a big payday for their performance. While you never know what can happen, especially with today’s NBA doctors and physical training staffs, Parsons will be 29 once next season starts and he has dealt with so many chronic issues that it seems that his contract will only become more of an albatross for the Grizzlies over the next three years.