PORTLAND, Ore. (June 29, 2022) –The Portland Trail Blazers have extended a qualifying offer to guard Anfernee Simons, making him a restricted free agent, General Manager Joe Cronin announced today. Per team policy, terms of the deal are not disclosed. By extending a qualifying offer to Simons, Portland obtains the Right of First Refusal on any offer sheet he may sign with another team. During the 2021-22 campaign, Simons averaged 17.3 points (44.3% FG, 40.5% 3-PT, 88.8% FT), 2.6 rebounds, 3.9 assists and 29.5 minutes per game in 57 games (30 starts). The 24th overall pick in the 2018 NBA Draft has also accrued career averages of 10.2 points (42.5% FG, 39.2% 3-PT, 83.3% FT), 2.2 rebounds, 2.0 assists and 20.7 minutes per game in 211 games (35 starts) for the Trail Blazers. Tags Anfernee Simons
Hello, I am not sure what a qualifying offer entails. What are the years/monies? Damn term policies….
It also keeps a cap hold in place, right? As opposed to not extending a QO to Elleby, which removes the cap hold...?
Wait, we are only making him a rfa and not bidding against ourselves. I am still getting used to this post Olshey world.
Basically a one year deal worth $5,758,551 just to put something on the table so he becomes a restricted free agent.
It's interesting because it maybe signifies a deal isn't in place, and the Blazers will use the market to dictate his value. Blazers could end up paying more. Could also just be the Blazers covering their bases.
No. The cap hold is there until Portland rescinds the bird rights. Being a UFA or RFA has no bearing on if the team still has a cap hold. They are 2 separate things. Doesn't matter though - because Portland will be operating as an 'over the cap' team. Having the cap hold on the books does not limit/effect what moves Portland can make.
Exactly. I still remember how Olshey would give ridiculous extensions out to everyone instead of allowing the market dictate it. For a player like Dame, yes super max, for everyone else it should work this way. Nice job Joe!
It's just a procedural thing. It's basically insurance. Making the QO to Simons doesn't mean anything at this point.
Oh? Okay my bad I thought this made him a RFA so we could be in the drivers seat and make the decision if we want to match any offers he may get.
Nope, @Mr. Robot is right we should definitely risk losing Ant for nothing to test his loyalty. It makes perfect sense.
But, doesn't not offering a RFA a QO automically cause bird rights to rescind? I suppose not though because if we re-signed Elleby, which God I hope we don't, we would retain rights.