[RELATED: Hoops Rumors Glossary: Qualifying Offers]
Although there have been consistent whispers about the possibility of Ayton leaving Phoenix in free agency this summer, there was never any doubt that he’d receive a qualifying offer. That QO ensures that he doesn’t become an unrestricted free agent and gives the Suns the opportunity to match any offer sheet he signs with a rival team. Ayton also has the option of signing the one-year, $16.4MM deal if he wants to become an unrestricted free agent in 2023, though that’s considered very unlikely.
Here are a few more updates on qualifying offer decisions from around the NBA:
- The Pistons have tendered a qualifying offer worth $7,228,448 to big man Marvin Bagley III, making him a restricted free agent, tweets Smith. Multiple reports in recent weeks and months have indicated that re-signing Bagley will be a priority for Detroit this offseason. His cap hold will exceed $28MM, but if the two sides agree to terms quickly once free agency opens, the Pistons will be able to maximize their cap room by reducing that $28MM cap hold to a first-year salary that will come in much lower.
- The Nets have issued qualifying offers to center Nic Claxton and two-way guard David Duke, per Smith (Twitter link). Claxton’s QO is worth $2,228,276 while Duke’s is for another two-way contract. Both players are now restricted free agents.
- The Nuggets have extended qualifying offers to forward Vlatko Cancar and two-way swingman Davon Reed, according to Smith (Twitter link). Like Claxton, Cancar has a $2,228,276 qualifying offer. Reed’s is for another two-way contract, though it’s possible he could generate interest from teams interested in giving him a standard roster spot.
- Wizards forward Anthony Gill received a qualifying offer making him a restricted free agent, according to Smith (Twitter link). Gill’s QO projects to be worth $2,011,516, though that could increase or decrease slightly depending on where the salary cap for 2022/23 ends up.
- The Warriors have made swingman Quinndary Weatherspoon a restricted free agent by giving him a two-way qualifying offer, reports Smith (Twitter link). Golden State reportedly agreed to a deal with Lester Quinones to fill the team’s other two-way slot.