The Philadelphia 76ers continue to make Quentin Grimes their primary focus in free agency, but a deal has yet to be finalized as August begins.
According to Bleacher Report’s Jake Fischer, multiple figures within the Sixers organization have labeled Grimes as their “top priority,” with talks ongoing over contract terms.
Fischer also reported that Grimes has not ruled out accepting his $8.7 million qualifying offer, a decision that would make him an unrestricted free agent next summer.
The 25-year-old guard has drawn a wide range of market valuations around the league, from $40 million to as high as $75 million over multiple years, per The Athletic’s Fred Katz.
One Western Conference executive projected a four-year, $75 million deal for Grimes, citing his versatile two-way skill set.
Another front-office source suggested a more modest three-year, $40 million offer, citing the league’s tight cap environment and available veteran guards on cheaper deals.
Grimes averaged 21.9 points, 5.2 rebounds, and 4.5 assists per game over 28 appearances with Philadelphia following a midseason trade from Dallas.
He shot 37% from three and carved out a key role under head coach Nick Nurse, providing perimeter defense, floor spacing, and secondary playmaking.
Team president Daryl Morey has called Grimes’ contract “the last piece of business” for the summer, though he has declined to share specifics on negotiations.
With Philadelphia operating near the luxury tax threshold, the Sixers have remained deliberate in their offseason moves.
They selected V.J. Edgecombe and Johni Broome in the 2025 NBA Draft and added Trendon Watford, Jabari Walker, Dominick Barlow, and Hunter Sallis in free agency.
Cap restrictions around the tax apron have made the Grimes situation more complex. Still, there appears to be little outside pressure, as several other restricted free agents—including Josh Giddey and Jonathan Kuminga—remain unsigned.
Grimes’ options now include finalizing a multi-year deal, accepting the qualifying offer, or continuing talks deep into August.
As Fischer noted, both sides are working toward a resolution, but the outcome may ultimately come down to “dollars and cents.”
