Report: Memphis trades Chandler Parsons to Atlanta for Solomon Hill, Miles Plumlee
This is a swap of bad, expiring contracts that gives each team a little something. Very little, but it’s there.
Chandler Parsons is headed to the Atlanta Hawks for Solomon Hill and Miles Plumlee, reports Adrian Wojnarowski of ESPN.
Memphis has agreed to trade Chandler Parsons to Atlanta for Solomon Hill and Miles Plumlee, league sources tell ESPN.— Adrian Wojnarowski (@wojespn) July 3, 2019
This is essentially a cap-neutral swap, Atlanta saves about $200,000. It’s not a trade that really moves the needle either way for either team.
So why do it? For Memphis, they get two smaller contracts, which will be easier to trade than one big one. Atlanta gets a roster spot freed up.
Memphis and Parsons were unable to agree on a buyout number, so Grizzlies made the trade with Atlanta. As @BobbyMarks42 says, it's easier to move out salaries by breaking Parsons' $25M into two smaller contracts. Hawks free a roster spot. https://t.co/guRiX905mW— Adrian Wojnarowski (@wojespn) July 3, 2019
It is the end of the Chandler Parsons era in Memphis, the guy they brought in to provide grit n’ grind some offensive spark, but he was never healthy enough to do that.