Overview

• Philadelphia has formally offered a one-year deal slightly above the $8.7 million qualifying offer that would require Grimes to waive his no-trade clause.
• Signing the qualifying offer would preserve his trade veto for 2025-26 and set him up for unrestricted free agency in 2026.
• Daryl Morey said he expects the situation to be resolved in the next few days as the deadline nears.
• The parties remain far apart on a long-term agreement, with a reported four-year, $39 million concept well below the $17–25 million annual range sought by Grimes’ camp.
• Grimes skipped media day and will not travel to Abu Dhabi, and his agent has asked the team to consider extending the qualifying-offer deadline.