The trophy is named for George Parsons, a former Ontario Hockey Association player whose career was ended prematurely in 1939, due to an eye injury in a National Hockey League game. Parsons appeared in the 1933 Memorial Cup as a member of the West Toronto Nationals, and the 1934 Memorial Cup as a member of the Toronto Young Rangers.
The trophy is named after George Parsons, a former Ontario Hockey Association player whose career was cut short due to an eye injury sustained during a National Hockey League game. Parsons participated in the Memorial Cup tournaments with the West Toronto Nationals and the Toronto Young Rangers.