Bulls, Warriors Lock In Multiyear RFA Agreements; Thomas and Grimes Sign Qualifying Offers
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The NBA’s October 1 deadline for restricted free agents to accept qualifying offers has closed the book on this offseason’s major contract standoffs.
Who: Guards Josh Giddey and Jonathan Kuminga reached multiyear agreements with the Chicago Bulls and Golden State Warriors, respectively. Brooklyn Nets guard Cam Thomas and Philadelphia 76ers guard Quentin Grimes chose a different path, signing their one-year qualifying offers.
What: By accepting the qualifying offers, Thomas and Grimes preserve the rare no-trade clauses that accompany those one-year deals, giving them veto power over any potential trade during the 2025-26 season.
When: All four decisions were finalized by the October 1 deadline. Teams opened training camps this week, allowing the players to join their clubs without lingering contract distractions.
Why it matters: The resolutions end months-long negotiations that had dominated late-offseason storylines and clarify roster and salary-cap planning for all four franchises. With Giddey and Kuminga under long-term control, Chicago and Golden State gain stability, while Brooklyn and Philadelphia maintain financial flexibility for next summer when Thomas and Grimes will be unrestricted free agents.
Next steps: Front-office attention now shifts to finalizing camp rosters and examining other salary-cap tools—such as disabled player exceptions and potential trades—as the 2025-26 regular season approaches.
Source: Hoops Rumors
