Wizards To Decline $20MM Option On Jabari Parker

The Wizards won’t exercise their $20MM team option on Jabari Parker, but they may try to re-sign him, according to Chris Haynes of Yahoo Sports.

The move has been expected, dating back to when Washington traded for Parker in February, Haynes adds. But he cites “mutual interest” between Parker and the team in working out a longer arrangement once he becomes an unrestricted free agent next weekend. The Wizards view him as a player with potential whose development has been slowed by ACL tears in 2014 and 2017.

Parker’s asking price will start at $15MM per year, sources tell Chase Hughes of NBC Sports Washington, and that number could rise or fall depending on the market. He adds that the Wizards will probably need Parker to relax that demand, especially after drafting Rui Hachimura, who has similar talents. Re-signing Thomas Bryant, Tomas Satoransky and possibly Bobby Portis will be higher priorites, according to Hughes.

Parker, 24, had a difficult time in Chicago after signing a two-year, $40MM deal last summer, especially once Jim Boylen replaced Fred Hoiberg as head coach. However, Parker was much better after the trade, averaging 15 points and 7.2 rebounds in 25 games with Washington.

View Comments (19)