Quentin Grimes Re-Signs With Philadelphia 76ers On $8.7M One-Year Deal

Quentin Grimes has re-signed with the Philadelphia 76ers on a one-year qualifying offer worth $8.7 million for the 2025-26 NBA season, including a no-trade clause that allows him to enter unrestricted free agency next summer. Despite his breakout performance last season, averaging 21.9 points over 28 games with the Sixers, contract negotiations hit a stalemate as Grimes sought a multi-year deal with an annual value around $20-25 million, while the team offered significantly less, including a four-year, $39 million proposal. Grimes declined a slightly higher one-year offer and a two-year option, but ultimately accepted the qualifying offer as no other suitors met his price, and the Sixers prioritized maintaining flexibility and retaining his Bird rights. Injuries to key players and a crowded backcourt influenced the team's reluctance to commit long-term, and Grimes' agent acknowledged the challenges in securing a larger contract. Grimes' decision to accept the qualifying offer positions him to prove his value in the upcoming season and potentially secure a more lucrative deal next summer. The 76ers view this as a cost-effective move, keeping sign-and-trade options open while relying on Grimes to continue contributing significantly alongside guards like Tyrese Maxey.