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After a tumultuous season, Philadelphia looks to come back with a vengeance, and an advantage, hopefully cultivating a deep playoff run.

Philadelphia 76ers Offseason Moves

Restricted free agent Quentin Grimes has signed a one-year, $8.7 million qualifying offer to return to the Philadelphia 76ers, agent David Bauman told ESPN on Wednesday.
Grimes, who averaged career highs in points (14.6), rebounds (4.3), assists (3) and steals (1) last season, will now have the ability to veto all trades during the 2025-26 season and will enter unrestricted free agency next summer when at least 10 teams are slated to have significant salary cap space. After Grimes’ side indicated it desired a contract in the $30 million range early in free agency and then a deal at around $20 million to $25 million, the two sides never found traction on a new agreement this offseason ahead of Wednesday’s 11:59 p.m. ET deadline for the qualifying offer. Bauman said the Sixers’ first formal proposal of the offseason came 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.

Check out all of the Philadelphia 76ers offseason moves below!

Philadelphia 76ers 2024 Offseason Moves  was originally published on rnbphilly.com

1. Quentin Grimes signs $8.7 million qualifying offer with 76ers

2. Signed F Dominick Barlow to a two-way contract

3. Re-signed G Kyle Lowry to a contract.

4. Re-signed F Justin Edwards to a contract

5. Signed F Jabari Walker to a two-way contract.

6. Sign Trendon Watford to a 2-year $5.3 million deal

7. Re-signed G Eric Gordon to a contract

8. Signed G Hunter Sallis to a two-way contract

9. Signed F Johni Broome to a rookie scale contract

10. Signed G Valdez Edgecombe to a rookie scale contract