The Rockets plan to decline Chandler Parsons' option, freeing him to become a restricted free agent. 

The Rockets are looking to add a big name free agent, so declining Parsons' option is necessary to free up enough cash to do so. It is still very possible that Parsons will be a Rocket next season, but he will get the chance to shop his services this offseason.ANALYST: David Kerr No surprise here as Pretty Boy Parsons would have become an unrestricted free-agent next year should the Rockets have picked up his option, instead they get the option of matching a team's offer and signing him for longer then extending his option would have allowed.ANALYST: Michael Pichan Mobile App