The Memphis Grizzlies have explored the possibility of packaging the contract of Chandler Parsons along with the No. 4 overall pick.

Parsons is owed $49.2 million over the next two seasons.

Parsons has missed a combined 94 games over the past two seasons since signing a four-year max contract with the Grizzlies in 2016.

A rebuilding team with cap space could absorb Parsons' contract to add a high draft pick.