Overview
- Shams Charania reported Wednesday that the sides are still very far apart on a new contract for the restricted free agent.
- Agent David Bauman told Charania this was the first day the 76ers issued a formal, hard offer to Grimes.
- Grimes will not attend the team’s media day this week and will not travel to Abu Dhabi for preseason training camp, per the reports.
- Likely paths outlined include signing an approximately $8.6 million qualifying offer by the Oct. 1 deadline, a sign-and-trade, or a one-year deal above the qualifying offer.
- Philadelphia’s stance has been linked to the high-lottery addition of VJ Edgecombe and uncertainty around Joel Embiid and Paul George, despite Grimes averaging 21.9 points, 5.2 rebounds and 4.5 assists in 28 games with the team last season.