The New York Knicks will exercise their 2024/25 team option for guard Quentin Grimes before deadline [Oct 31st] , as disclosed by Ian Begley.
Since his fourth-year option is being retained, Grimes is now eligible for a rookie-scale extension in the upcoming offseason.
Grimes, 23, has maintained an average of 9.2 points over 118 career appearances, including 73 starts.
As the 25th overall pick in the 2021 NBA Draft, Grimes is slated to earn $4,296,682 in the ’24/25 season.
As Begley points out, this is typically a routine procedure for most players with rookie-scale team options, and they are seldom turned down due to their cost-effectiveness, although exceptions do exist.
During his tenure with the Knicks, Grimes has transformed into a crucial asset, making a strong impression in his rookie year and ultimately assuming a full-time starting role the following season.
He saw his scoring average rise to 11.3 points last season with New York and opened the ’23/24 season with an 11-point performance against the Boston Celtics on Wednesday.