Miles Bridges, Collin Sexton among players receiving qualifying offers

The Charlotte Hornets have issued qualifying offers to a pair of forwards, officially making Miles Bridges and Cody Martin restricted free agents, according to Roderick Boone of The Charlotte Observer.

Bridges’ qualifying offer is worth $7,921,300 as a result of him meeting the starter criteria in 2021-22. That one-year offer is essentially a placeholder, giving the Hornets the ability to match any offer sheet Bridges signs as a free agent. He could accept the QO but will likely receive a far more lucrative long-term contract.

Hornets president of basketball operations Mitch Kupchak expressed confidence in the team’s ability to re-sign Bridges today, telling reporters that “we’re going to bring him back.”

As for Martin, his qualifying offer is worth a more modest $2,228,276. He’s coming off a strong season as a rotation player in Charlotte and has earned a raise himself, albeit not one as substantial as the one Bridges will receive.

Here are a few more qualifying offer updates from around the NBA:

• The Cleveland Cavaliers have extended qualifying offers to Collin Sexton and RJ Nembhard, making both players restricted free agents, according to Chris Fedor of Cleveland.com. Sexton’s QO will be worth $7,228,448 instead of $8,559,357 because his torn meniscus prevented him from meeting the starter criteria. Nembard’s QO is for a two-way deal with a small partial guarantee.
• The Toronto Raptors made qualifying offers to both of their two-way free agents, Justin Champagnie and David Johnson, tweets Blake Murphy of Sportsnet.ca. Toronto has reportedly agreed to a two-way deal with Ron Harper Jr., which would leave only one two-way slot for Champagnie or Johnson, so perhaps the team plans to promote one of them to a standard contract.
• The Raptors also continued their annual tradition of submitting a qualifying offer to French guard Nando De Colo, who has been out of the NBA since 2014 and continues to play for Fenerbahçe in Turkey, Murphy notes. There’s no indication De Colo will ever return to the NBA, but if he does, the 35-year-old’s RFA rights would be controlled by Toronto. The qualifying offer projects to be worth $2,011,516, based on a $122M cap.