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The Memphis Grizzlies and Chandler Parsons discussed a buyout, but were unable to come to an agreement, according to Chris Herrington of the Daily Memphian.
So the Grizzlies found a taker in the Atlanta Hawks and pulled the trigger on a trade.
On Wednesday, the Grizzlies dealt Parson to the Hawks for forward Solomon Hill and center Miles Plumlee. It was the latest maneuver in the Grizzlies’ year of major change, starting with the trade of Marc Gasol to the Toronto Raptors in February.
The Grizzlies also traded Mike Conley Jr. to the Utah Jazz last month, and of course, landed Ja Morant with the No. 2 pick.
But trading Parsons, who landed a $94 million contract three years ago, may have been their biggest accomplishment this offseason.
“For the Grizzlies, in addition to ending a situation that had become a distraction for the franchise, the main attraction seems to have been breaking Parsons’ large expiring contract into two smaller ones — about $12.5 million each — which gives the team more flexibility for potential future trades,” Herrington wrote. “Getting two players for one, however, does add to a roster crunch the team will have to sort out before the start of next season.”
Meanwhile, Plumlee will get an opportunity to play a role with the Grizzlies, a source told Amico Hoops’ Ben Stinar.
“He is a good player when healthy, and could provide to be an asset at the trade deadline on an expiring deal,” Stinar wrote.
Parsons has suffered chronic knee issues since signing his max deal, so it’s hard to know what the Hawks’ plans are for him.
“The move, which can not be official until on or after July 6, opens an important roster spot for the Hawks and clears about $200,000 in salary cap space,” Chris Vilvamore of the Atlanta Journal Consitution wrote. “The roster spot was the most important part of the deal for the Hawks.”
The Hawks traded Kent Bazemore to the Portland Trail Blazers for Evan Turner last week, and drafted wings Cam Reddish and De’Andre Hunter in the first round.