Quentin Grimes has signed his one-year, $8.7 million qualifying supply with the Philadelphia 76ers. Grimes will develop into an unrestricted free agent in 2026 and can’t be traded with out his permission.Â
Grimes and the Sixers by no means appeared notably shut on a deal. The Sixers’ first formal supply was a four-year, $39 million deal. Grimes was searching for a contract within the $30 million vary after which got here all the way down to the $20 million to $25 million vary.
The Sixers solely supplied Grimes an extra $100,000 above his $8.8 million qualifying supply to incentivize him to waive his inherent no-trade clause. Grimes supplied Philadelphia a one-year, $17 million framework and a two-year deal at $34 million with a participant choice, which had been each rejected by Philadelphia.
Grimes averaged 21.9 factors and 4.5 assists in 28 video games with the 76ers after being traded from the Dallas Mavericks on the February deadline. Grimes spent his first two seasons with the New York Knicks earlier than trades to the Detroit Pistons, Mavericks and Sixers.Â