Collin Sexton received the qualifying offer from the Cleveland Cavaliers on Tuesday.
He will now be eligible for restricted free agency if he turns down the offer, which would guarantee him $7.2 million for the upcoming season.
Sexton is among the most electric young guards in the NBA, but he is coming off a lost season of sorts because of injury.
In 2021-22, Sexton missed all but 11 games after undergoing surgery to repair a torn meniscus in his knee. When Sexton was healthy and playing, he averaged 16.0 points, 3.3 rebounds, 2.