Lakers Reportedly Sign Quentin Grimes, Full Contract Details Revealed in New NBA Rumors

One offseason after a protracted saga led him to sign the qualifying offer, veteran guard Quentin Grimes is getting a little more financial security from the Los Angeles Lakers.

According to ESPN's Shams Charania, Grimes and the Lakers agreed to terms on a four-year, $60 million contract.

The move comes amid a flurry of reported Lakers signings, including Walker Kessler, Sandro Mamukelashvili and Collin Sexton.

Grimes was one of two marquee restricted free agents who got squeezed in a big way last summer. Unlike Jonathan Kuminga, though, he wound up settling for QO, which paid him $8.7 million.

That at least presented the opportunity for the 26-year-old to parlay a productive season into a much bigger payout.

Unfortunately for Grimes, he was unable to replicate the strong second half he enjoyed with the Philadelphia 76ers following his 2025 trade from the Dallas Mavericks. In 75 appearances, he averaged 13.4 points on 45.0 percent shooting. His 33.4 percent clip on three-pointers was a career low. Even more concerning, he had single digits in scoring in nine of the Sixers' 11 playoff contests.

Grimes' single best performance came in a double-overtime loss to the Atlanta Hawks in November. He finished with 28 points and 10 rebounds off the bench.

On the heels of a second-round sweep at the hands of the New York Knicks, Grimes tried to accentuate the positive.

"I felt like it was a solid season for me to knowing that whenever guys are in and out or were dealing with injuries, whoever was in, I feel like I was able to prove myself every time I step on the court," he told reporters. "If I had more responsibility, if I was on the bench role, to come in to try to make an impact anywhere I can. So, I was kind of just digesting the whole season as a whole right now."

There's no getting around Grimes' lackluster numbers, and he probably hurt his earning power in 2025-26. He wasn't the sixth man Philadelphia needed him to be to help ease the scoring burden on Joel Embiid, Tyrese Maxey and Paul George.

Especially with VJ Edgecombe hitting the ground running as a rookie, it looked like Grimes and the Sixers would go their separate ways. The need for change across multiple levels was impossible to ignore after the effort they put forward against New York.

Grimes may benefit from a change of scenery, and in contrast to last year, he has more clarity about where he'll be opening this season. That should help his preparations for the season ahead.

Heading to L.A. will bring a ton of pressure.

The Lakers have some runway to build an adequate supporting cast around Luka Dončić after he signed his extension, but he'll also want to see results. Should the team fall short of expectations, his potential free agency in 2028 will become a bigger deal.

President of basketball operations Rob Pelinka has had a mixed bag in terms of what he's done around the margins to complement his stars. Going with Grimes is a gamble. Granted, there weren't any sure things that fell within the team's price range, either.