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Quentin Grimes Signs 76ers’ $8.7 Million Qualifying Offer, Gaining Season-Long No-Trade Power

The qualifying offer preserves Philadelphia's Bird rights at the cost of in-season trade flexibility.

Overview

  • Grimes’ decision locks in a one-year deal that carries a full no-trade veto and positions him for unrestricted free agency in 2026.
  • Reporting pegs a roughly $16 million annual gap between his camp’s target near $25 million and Philadelphia’s top one-year offer around $9 million.
  • The Sixers were described as so far from Grimes’ valuation that they withheld formal offers until the week before training camp.
  • His late-season surge after a midyear acquisition—21.9 points, 5.2 rebounds and 4.5 assists over 28 games—boosted his price, but a thin RFA market curbed leverage.
  • Cap projections suggest re-signing Grimes near his asking range in 2026 could push Philadelphia into the tax and close to the first apron, even as the team retains his Bird rights.