"Bauman said the Sixers' first formal proposal of the offseason came on Sept. 24 -- nearly three months into free agency -- with a four-year, $39 million offer. Days later, Grimes was offered a one-year, $8.8 million deal that gave him $100,000 more than his qualifying offer in order to waive an inherent no-trade clause. Those frameworks were declined, Bauman said, and negotiations never advanced."
"The 76ers drafted VJ Edgecombe with the No. 3 pick in the NBA draft to bolster their backcourt and have had uncertainty entering the 2025-26 season given the injury concerns from last season surrounding Joel Embiid and Paul George -- two factors challenging their ability to provide a high-money proposal to Grimes this offseason. With Grimes now on the qualifying offer, the 76ers will retain his Bird rights and believe they have a solid chance to retain Grimes"
Quentin Grimes agreed to a one-year, $8.7 million qualifying offer to remain with the Philadelphia 76ers. Grimes posted career highs last season in points (14.6), rebounds (4.3), assists (3) and steals (1). The qualifying offer grants Grimes the ability to veto trades during 2025-26 and allows him to reach unrestricted free agency next summer when many teams are expected to have cap space. Negotiations included various proposals from both sides, including multi-year and one-year offers, but no deal was reached. The 76ers retain his Bird rights and keep a sign-and-trade possibility open next summer.
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