The Houston Rockets have decided not to match Chandler Parsons' three-year, $46 million offer sheet he signed with the Dallas Mavericks.

The Rockets declined their team option on Parsons to help their chances of signing a major free agent while keeping him from unrestricted free agency next summer.

The Rockets were torn over their decision on Parsons since they would have preferred to keep him.

Trevor Ariza will replace Parsons at small forward.