Houston Rockets forward Chandler Parsons, one of the NBA's most underpaid players, can expect to land a big payday after he becomes a restricted free agent next week.

The Rockets will decline the $964,750 option on Parsons' rookie contract. As a restricted free agent, Parsons won't lack for attention on the market, but the Rockets are allowed to match any offer he receives.

"When I got drafted in the second round, I signed the four-year deal and everyone has to go through their rookie scale," Parsons told Yahoo Sports. "It was all part of the process. I obviously thought I deserved more. But I never was bitter or jealous of anyone making more than me. I was just fortunate enough to do this for a living."

The Rockets are interested in re-signing Parsons, league sources said, but his future could also be affected by what happens to Golden State Warriors forward Klay Thompson and New York Knicks free-agent forward Carmelo Anthony.

The Minnesota Timberwolves are still interested in acquiring Thompson in a blockbuster trade that would send All-Star forward Kevin Love to the Warriors, a source said. But the T'wolves also have secondary interest in Parsons, the source said. If the Thompson trade doesn't happen, the source said Minnesota could attempt a deal sending Love to the Rockets and acquire Parsons in a sign-and-trade. The Los Angeles Lakers, Chicago Bulls and Dallas Mavericks have primary interest in signing Anthony as a free agent, but also could chase Parsons if they don't, a source said.

Parsons, 25, averaged 16.6 points, 5.5 rebounds and four assists while shooting 37 percent from 3-point range for the Rockets last season. Versatile at 6-foot-9, Parsons could be the best small forward available in free agency after LeBron James and Anthony. He also can play power forward in small lineups.