Chandler Parsons will explore his options in free agency as the Mavericks plan to prioritize other targets, although a return to Dallas remains a possibility.
Sources say Parsons' camp remains confident that he will command a max contract with a starting annual salary of $22 million.
Dallas is willing to take the risk of Parsons committing to another team as the Mavs pursue Mike Conley and Hassan Whiteside, who sources say have mutual interest in the team.