Chandler Parsons is a free agent and a source says there's "no chance" of him re-signing with the Dallas Mavericks.

Parsons is seeking a max contract and the Mavericks have ruled out the possibility.

Parsons played two injury-plagued seasons after signing with the Mavericks as a restricted free agent in 2014.

During his tenure with the Mavericks, Parsons played a key role as a free agent recruiter. 

Parsons is receiving interest from the Los Angeles Lakers, Portland Trail Blazers, Orlando Magic and Memphis Grizzlies.