Chandler Parsons hit the open market Friday and quickly cashed in, reportedly agreeing to sign a four-year max contract worth $94 million with the Memphis Grizzlies.
Tim MacMahon of ESPN.com first reported news of the agreement, while Adrian Wojnarowski of The Vertical had noted the two sides were closing in on one.
Parsons averaged 13.7 points, 4.7 rebounds and 2.8 assists in 61 games last season.
