The Hornets have issued qualifying offers to a pair of forwards, officially making Miles Bridges and Cody Martin restricted free agents, according to Roderick Boone of The Charlotte Observer.
Bridges’ qualifying offer is worth $7,921,300 as a result of him meeting the starter criteria in 2021/22. That one-year offer is essentially a placeholder, giving the Hornets the ability to match any offer sheet Bridges signs as a free agent. He could accept the QO, but will likely receive a far more lucrative long-term contract — perhaps even a max deal.
Hornets president of basketball operations Mitch Kupchak expressed confidence in the team’s ability to re-sign Bridges today, telling reporters that “we’re going to bring him back.”
As for Martin, his qualifying offer is worth a more modest $2,228,276. He’s coming off a strong season as a rotation player in Charlotte and has earned a raise himself, albeit not one as substantial as the one Bridges will receive.
Bridges and Martin rank sixth and 29th, respectively, on our list of the top 50 free agents of 2022, and will each move up a spot when we officially remove Kyrie Irving.
Here are a few more qualifying offer updates from around the NBA:
- The Cavaliers have extended qualifying offers to Collin Sexton and RJ Nembhard, making both players restricted free agents, according to Chris Fedor of Cleveland.com (Twitter links). Sexton’s QO will be worth $7,228,448 instead of $8,559,357 because his torn meniscus prevented him from meeting the starter criteria. Nembard’s QO is for a two-way deal with a small partial guarantee.
- The Raptors made qualifying offers to both of their two-way free agents, Justin Champagnie and David Johnson, tweets Blake Murphy of Sportsnet.ca. Toronto has reportedly agreed to a two-way deal with Ron Harper Jr., which would leave only one two-way slot for Champagnie or Johnson, so perhaps the team plans to promote one of them to a standard contract.
- The Raptors also continued their annual tradition of submitting a qualifying offer to French guard Nando De Colo, who has been out of the NBA since 2014 and continues to play for Fenerbahçe in Turkey, Murphy notes. There’s no indication De Colo will ever return to the NBA, but if he does, the 35-year-old’s RFA rights would be controlled by Toronto. The qualifying offer projects to be worth $2,011,516, based on a $122MM cap.
15 thoughts on “Miles Bridges, Collin Sexton Among Players Receiving QOs”
If De Colo is 35 now and shows no signs of coming back to the NBA…what value is there in the Raptors extending another QO?
Good name. I chuckle at NoRegrets, but NoRegretskys, that’s on point.
I’ve been lurking for ages and mostly post on Leafs hockey or Jays baseball when the mood strikes. But I’m a casual basketball fan who is genuinely curious what the Raptors have to gain by extending the QO.
Ah the Gretsky sport. Which I don’t follow.
Looking at the stats, deColo looks decent, a good start in his two years. But he did not start and that can aggravate European players. In Europe they get status assurances more often than than the US. Micic of Serbia is waiting for them now, to come over. Toronto may be waiting for him to decline and accept bench status. He did decline in deep shooting last Euroleague, but that’s what he would do for Raptrs. So back to the issue you raise. I think the HR writer wondered too.
Because hes one of the best players not in the NBA and if he did come over to the NBA his value at $2 mil would be phenomenal. Also, that’s a nominal amount they can write off if he doesnt come here and it wouldn’t impact any other signings or trades
They don’t pay that money if he doesn’t accept the QO. If he does accept it, he’s a good value at that price (though given how old he’s getting, that won’t be true for much longer!)
Luke, if he doesn’t accept the QO does the amount still count against the cap bc they would still retain his rights next year? Or do they keep his rights for free and no cap hit?
There would be a cap hold on the books for him (equivalent to the QO).
It would cut into the Raptors’ flexibility slightly if they wanted to go under the cap and use cap room (which won’t be the case this year).
Otherwise, no real impact. It doesn’t count toward the tax, etc., and the team isn’t on the hook for any money unless he accepts it.
They can use his rights as part of a trade to match salaries.
In my humble, Cavs need to take their time and be in talent acquisition, retention, exhaustive examination and exploratory meshing of the talent mode. Don’t worry about salary cap right now. They have contracts that expire soon or can be moved (Love, Osman, Levert e.t.c). That’s about $60 mil right there.
Resign Sexton is a must. See how to turn a young core of..
into a solid core. Then let’s surround them with some useful vets at the PG and C position. Let’s see how they fit beyond the 15 games Sexton was there. Roles are more clearly defined. Garland is the point. Sexton can fill in a little (4.4 apg) but clearly is a bucket getter. Can the 3 7fters mitigate the small guards defensively? How does Agbali transition? Has Okoro shown enough offensively? Would Sexton be better jumpstarting the team in three 1st corner but come off the bench halfway thru the 1st and be the 6th man from there? Is Mobley going to be more aggressive this year. KEEP as much talent and figure it out. If Sexton can pick up from 20-21 season then but they see he might need to be moved then let him build up his peek value and move him for peek value and not a bunch of pieces. A dollar for .80 + a draft pick vs a dollar for two .25, a dime and 2nd round picks.
jumpstarting the team in the 1st quarter….
Predicting Pistons offer 4/$88 to Bridges and Sexton, Bridges says no, Sexton yes, Cavs do not match. Pistons make a goal to pass Cavs in the standings. They get feel-good wins with Sexton killing vs Cavs. Other games, not so resurgent.
Bridges gets 4/$105 from Hornets, they get playoffs.
Pistons also catch a Martin. If they fail at Bridges, get Cody.
I suspect they have already agrred to,limit the Bridges bid in the #13 pick dealings.
Detroit will not offer Sexton a contract. They are guard heavy now…… Drafting Ivey iced that rumor out the door.
Probably true. Seems I was talking myself out of it.
I recall making your point on draft day!
Pistons also brought in $19 milk in their trade with the Knicks taking in contracts of Noel and Burke.