Quentin Grimes Signs Qualifying Offer to Stay with 76ers

In a significant move for both Quentin Grimes and the Philadelphia 76ers, the young shooting guard has agreed to a qualifying offer worth $8.7 million for the upcoming season. This decision was confirmed by his agent, David Bauman, in a statement to ESPN’s Shams Charania.

Grimes, who is just 25 years old, is coming off a breakout season in which he recorded personal bests of 14.6 points, 4.3 rebounds, 3 assists, and 1 steal per game. His performance last season has positioned him as a valuable asset for the 76ers, who are looking to enhance their roster ahead of the new season.

By accepting the qualifying offer, Grimes gains significant leverage moving forward. Specifically, he will possess veto power over any potential trades throughout the 2025-26 season, allowing him to control his immediate future. Furthermore, this arrangement sets him up for unrestricted free agency next summer, at a time when numerous teams are expected to have ample salary cap space, as reported by hoopswire.com.

Negotiations between Grimes and the 76ers had been somewhat tumultuous prior to this agreement. According to hoopswire.com, initial discussions failed to produce a satisfactory offer until late September, nearly three months into the free agency period. The 76ers proposed a four-year deal worth $39 million, but this was not enough to entice Grimes and his representatives.

In a subsequent effort to secure Grimes’ services, Philadelphia offered a one-year deal of $8.8 million, which was only slightly above the qualifying offer. However, this proposal required Grimes to relinquish his no-trade clause, a condition he and his camp were unwilling to accept. In response, Grimes’ team countered with a more lucrative one-year offer of $17 million and a two-year package worth $34 million that included a player option, both of which were turned down by the 76ers.

As the 76ers gear up for the new season, they will need Grimes’ contributions on both offense and defense, especially following their recent draft of VJ Edgecombe with the No. 3 overall pick. The team is clearly focused on building a competitive roster, and maintaining Grimes will be crucial as they aim to solidify their standing in the Eastern Conference.

With this new agreement, Grimes can demonstrate his growth and potential in a critical year, while also keeping an eye on the lucrative free agency market that awaits him in 2026. For Philadelphia, retaining Grimes represents not just a smart financial move, but also a commitment to developing their young talent as they pursue their championship aspirations.