As the Philadelphia 76ers get set to conduct media day on Friday, there will be one important piece missing: Quentin Grimes.
As the restricted free agent continues to wait for his new deal, Grimes will not attend media day nor training camp until he is under a new contract with the Sixers. He has until Oct. 1 to sign the $8.7 million qualifying offer which would make him an unrestricted free agent in 2026, but would also give him a no-trade clause for the 2025-26 season.
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Per Michael Scotto of HoopsHype, the Sixers have their own offer to Grimes as his agent David Bauman, told Scotto:
More recently, one concept loosely pitched by Philadelphia was a four-year, $39 million structure, Bauman told HoopsHype. That would essentially be Grimes’ qualifying offer with an eight percent average annual raise each season of the contract. Such a concept would also equate to only 5.6 percent of the salary cap, which is well below the typical percentage of the cap for starters or sixth men.
At this point, the 76ers have formally offered Grimes a one-year deal that’s slightly higher than his qualifying offer of $8.7 million with the caveat that he’d waive his no-trade clause, league sources told HoopsHype.
It appears that the Sixers would like Grimes to sign a 1-year balloon offer in an effort to get him to waive his no-trade clause that would come with him signing the qualifying offer. If Oct. 1 comes and goes and he does not sign that qualifying offer, then he will remain a free agent. The Sixers could then either re-sign him or they could send him somewhere in a sign-and-trade deal. Either way, the franchise has options when it comes to Grimes and one has to wonder what his future will hold in the coming weeks.
This article originally appeared on Sixers Wire: What are the 76ers offering Quentin Grimes to keep him in free agency?