Spurs pulling qualifying offer on Lonnie Walker, making him unrestricted free agent

Shams Charania: The Spurs are pulling the qualifying offer on Lonnie Walker IV, making him an unrestricted free agent, sources tell @TheAthletic @Stadium. Expect a strong market for Walker immediately. Source: Twitter @ShamsCharania What’s the buzz …

Shams Charania: The Spurs are pulling the qualifying offer on Lonnie Walker IV, making him an unrestricted free agent, sources tell @TheAthletic @Stadium. Expect a strong market for Walker immediately.
Source: Twitter @ShamsCharania

What’s the buzz on Twitter?

Keith Smith @KeithSmithNBA
Not at all surprised the Spurs pulled the QO for Lonnie Walker.
San Antonio has always been player-friendly in these situations. They were going to tie up Walker as a RFA when they are pivoting in a different direction. They did right by him and opened up a ton of cap space. – 5:24 PM
Shams Charania @ShamsCharania
The Spurs are pulling the qualifying offer on Lonnie Walker IV, making him an unrestricted free agent, sources tell @TheAthletic @Stadium. Expect a strong market for Walker immediately. – 5:17 PM
Yossi Gozlan @YossiGozlan
Spending power update w/ salary cap adjustments:
SAS: $39.9M (if Lonnie Walker doesn’t return and if Danilo Gallinari gets an $11.5M partial guarantee)
NYK: $35.1M (if they waive Taj Gibson and keep Mitchell Robinson’s cap hold)
IND: $28M
ORL: $27.8M
OKC: $23.4M (expires today) pic.twitter.com/OAWrSnBbbk11:11 AM

StatMuse @statmuse
The 2018 draft class could be on the move today:
Deandre Ayton
Mo Bamba
Collin Sexton
Kevin Knox
Miles Bridges
Lonnie Walker
Jalen Brunson
Just to name a few. pic.twitter.com/5KP4AIne4r10:49 AM

Jeff McDonald @JMcDonald_SAEN
With Dejounte Murray on the way out, it leaves Lonnie Walker as the Spurs’ longest-tenured player.
Assuming Walker departs this summer as well, that mantle falls to Keldon Johnson. Just a total rebuild. – 6:33 PM
Bobby Marks @BobbyMarks42
Including the FA hold of Lonnie Walker, San Antonio projects to have $16M in room.
Atlanta is right at the tax after this deal. – 5:53 PM
John Hollinger @johnhollinger
Had only a $2.2 million BORD$ valuation on Lonnie Walker; somebody might pay for the theoretical upside, but wondering if he should sign that $6.3M qualifying offer right now. theathletic.com/3362772/2022/0…3:55 PM

More on this storyline

 

Jeff McDonald: The Spurs have formally tendered a qualifying offer to Lonnie Walker worth $6.3M, making him a restricted free agent beginning tomorrow. Otherwise, he would have been unrestricted. The expectation is that Walker will fully test the free agency market. -via Twitter @JMcDonald_SAEN / June 29, 2022