View Full Version : Grizzlies Decline Qualifying Offer to Austin Daye

07-02-2013, 01:03 PM
Making him an unrestricted free agent, per the Memphis Flyer (http://www.memphisflyer.com/BeyondtheArc/archives/2013/07/01/free-agency-griz-decline-qualifying-offers-on-leuerdaye-meet-with-tony-allen).
A Grizzlies source confirmed today at the team has declined to extend qualifying offers to free agents Austin Daye and Jon Leuer, making both unrestricted free agents.

Daye's qualifying offer was $4.1 million, well above his market value, so not extending to him was a foregone conclusion. Leuer's qualifying offer was $1.1 million and his situation was more up in the air.

The Grizzlies lose matching rights to both Daye and Leuer in free agency but are not precluded from negotiating deals outside of the framework of each player's prior contract. With Leuer, there's a good chance the team may try to reach agreement on a multi-year deal with team options that would start a little below Leuer's qualifying offer for next season, helping the team navigate beneath the league's luxury tax line. As for Daye, the Grizzlies could still sign him to a lower salary if there's roster and payroll space left after the smoke clears on higher-priority free agent targets.

07-02-2013, 01:50 PM
Gosh he would have been such an asset to us as an upperclassman and very likely would have been more prepared to stick in the NBA.