Right now, the Melo plan is in full effect. However, if Carmelo Anthony decides to not join the Chicago Bulls, Chandler Parsons seems to be the most plausible fallback plan.
According to ESPN’s Marc Stein, the Bulls are among the teams to already have expressed interest in Parsons:
It is important to keep in mind that Parsons is a restricted free agent, meaning any offer that is made to him the Houston Rockets will have the opportunity to match, but any team that misses out on Anthony may be willing to throw money at Parsons and lure him away from the Rockets. That being said, Parsons would still be a much cheaper alternative to Anthony.
This past season, Parsons averaged 16.6 points, 5.5 rebounds and 4.0 assists while shooting 47.2 percent from the field and 37 percent from three. At age 25, Parsons would fit perfectly with Derrick Rose and seems to still have even more room to grow. He can really shoot the basketball as well as drive to the basket and finish.
With the Bulls, he would be able to space the floor and be a consistent scoring threat. He would start at small forward with rookie Doug McDermott coming off the bench behind him. Playing with Rose and Joakim Noah would provide him with a lot of open looks.
In the ideal scenario, the Melo plan comes to fruition and the Bulls don’t have to worry about a fallback plan. However, it is evident that if Anthony goes elsewhere the Bulls are prepared to move on to Parsons and other available free agents.