Saturday afternoon, in a move first reported by The Athletic, the Philadelphia 76ers tendered Quentin Grimes an $8.7 million qualifying offer, making him a restricted free agent. That will allow Philadelphia to match any offer Grimes gets on the open free-agent market.

NBA free agency is officially underway. Players were legally allowed to begin negotiating with teams across the league as of Monday evening, and there will be a flurry of activity this week. The most surprising free agency news to date happened Tuesday morning as the Bucks signed big man Myles Turner,

The Lakers reportedly signing Deandre Ayton to a two-year contract Wednesday might just be a win-win for the franchise and the veteran center.