The Philadelphia Sixers' restricted free agency saga with Quentin Grimes officially ended on Wednesday, as ESPN NBA insider Shams Charania reported that the 25-year-old guard will return on his one-year, $8.7 million qualifying offer. Grimes now has a no-trade clause and will be an unrestricted free agent next summer; however, the Sixers retain his Bird rights.
Charania wrote that Philadelphia believes it has a "solid chance to retain Grimes while maintaining the sign-and-trade possibility with him next summer." In short, the Sixers hope to keep him (at least for now), but if that doesn't work out, they don't want to lose him for nothing.