The procedure was performed to repair torn meniscus cartilage in his right knee.
This marks the second consecutive year Parsons required surgery on the knee. He underwent microfracture surgery last May to repair cartilage damage and his rehabilitation lasted through the entire preseason and he began this season on a minutes' restriction.
Parsons averaged 13.7 points and 4.7 rebounds in 61 games (51 starts) this season.
Parsons is expected to opt out of the final season of a three-year, $46 million deal with the Mavericks in search of a richer deal.