Report: Grizzlies' Parsons finished for season

Memphis Grizzlies forward Chandler Parsons will likely undergo season-ending surgery for the third straight year, sources told ESPN's Tim MacMahon.

The Grizzlies announced earlier Monday that Parsons was out indefinitely due to a partially torn meniscus in his left knee. With only 15 games left in their regular season, however, time is short for a potential return.

The news that Parsons would need surgery again is a crushing blow to both the 28-year-old and the team that signed him to a four-year, $95-million contract last summer. Parsons has already undergone two season-ending surgeries on his other knee, with the Dallas Mavericks in 2015 and 2016.

The combo forward has been very limited in his first season in the mid-south, and frankly does not resemble the player he was with the Mavs and Houston Rockets. In just 34 games, Parsons is averaging 6.2 points and 2.5 rebounds while shooting under 34 percent from the floor and 27 percent from deep - all career lows, by far.