Chandler Parsons agrees to Dallas offer sheet for three years, more than $45 million

GET THAT MONEY - Troy Taormina-USA TODAY Sports

As soon as the clock hits midnight, Houston will have 72 hours to match.

UPDATE: Marc J. Spears of Yahoo! Sports gives more details into the signing.

***

Chandler Parsons has agreed to an offer sheet with the Dallas Mavericks.

Apparently, Houston was hesitant to offer him that much money.

Still confused about how restricted free agency works? Go read Hal Brown's extensive breakdown right here.

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