The Sixers‘ first formal offer for restricted free agent Quentin Grimes, which occurred on Wednesday, was a four-year, $39MM contract, agent David Bauman told Gina Mizell of The Philadelphia Inquirer.
A source familiar with the negotiations “slightly pushed back” on that statement, noting the two sides have had “hours and hours” of contract discussions this offseason while characterizing the team’s offer as tentative rather than firm.
Bauman thinks Grimes should be earning $20-25MM annually on his next deal, which Philadelphia is unwilling to offer, according to Mizzell.
Despite the significant gap in Grimes’ perceived long-term value, the Sixers still value the 25-year-old shooting guard, viewing him as a “significant part” of their future, that same source told Mizell.
Bauman, who confirmed to Mizell that Grimes won’t attend Friday’s Media Day or travel with the team for a pair of preseason contests in Abu Dhabi, said Grimes’ absence shouldn’t be viewed as a holdout.
As first reported by ESPN’s Shams Charania, the most likely outcome appears to either be Grimes accepting his $8.7MM qualifying offer or signing a more lucrative one-year deal while waiving his implied no-trade clause, Mizell writes.
According to Mizell, Bauman has asked the 76ers to extend Grimes’ deadline to accept the QO. The current deadline is next Wednesday, October 1.
Grimes was acquired from Dallas in a February trade, joining a Sixers team that was decimated by injuries and had difficulty fielding a competitive roster. He averaged a career-best 21.9 PPG in 28 contests with Philadelphia, also posting career-best marks of 5.2 RPG, 4.5 APG and 1.5 SPG in 33.7 MPG.
Split the difference, 15 to 17 million?
Why? No other team is offering anything else, we already have Maxey McCain and VJ and he’s only really shown for 20 something games that he deserves that kinda money.
Grimes has an 8.4 mill QO. That’s 33.6 mill for 4 yrs. So Why TF would he sign for 39 mill. Grimes will get his money next yr. Forget the Sixers a d just sign the QO. Nets should sign him easy 65 mill 4 yrs.
Why would the Nets sign him for $65 million?
The request to extend the QO date seems like bad reporting. It’s an NBA / CBA rule, not a team/player deadline that can be negotiated (like salary guarantee dates).
The rules are written the way they are to prevent RFA holdouts from affecting camp (as the Cavs dealt with 20 years ago with Anderson Varejao and Sasha Pavlovic). Grimes and his agent already had 90 days to negotiate a suitable deal.
I agree 2k spot on. See I can agree with you. People keep coming on here and saying just take the qualifying offer. You will lose your bird rights and that makes no sense. Team are not carrying cap space. And the new NBA is trying to get back to the 90’s we’re players stayed on there teams
A team may extend the qualifying offer window past October 1 but not past March 1 of the following year according to my understanding of the CBA. So I guess that’s why you are just a real 1k insider and not a 2.
Grimes is a nice player but not worth $20 million or more. His numbers were greatly inflated by the fact that the four top players for the Sixers were out much of last season and even other role player were injured as well.$12 to 15 million seems more than fair considering he will likely be a role player and not a starter.
You are correct good numbers on the bad team is nothing. He is a role player/ starter with a role. No way you pay him 20 million a year. However do the 76ers have a choice is my question. They are stuck on PG and Joel embiid. The only bright spot they have is EJ.
Trade Grimes back to New York would the Knicks consider Mitch for Grimes? Mitch is always injured.
Take it bro…