The Houston Rockets will decline the fourth-year option on Chandler Parsons’ contract, reports Adrian Wojnarowski of Yahoo Sports. According to Wojnarowski, the Rockets, who hold a $960,000 option on the final year of Parsons’ contract, don’t want the Rockets forward to become an unrestricted free agent next summer. If Parsons is a restricted free agent, the Rockets can match an offer sheet and retain him on a long-term contract. The Rockets have until June 30 to decline the option. Parsons, 25, averaged 26.6 points and 5.5 rebounds for the Rockets this season. He could command $12 million to $13 million annually, league executives told Yahoo Sports. The Rockets plan to pursue stars who could opt out of their deals, including Miami’s LeBron James and Chris Bosh, and New York’s Carmelo Anthony. The post Report: Rockets to decline Chandler Parsons’ option appeared first on Sports Glory.