Detroit Pistons forward Greg Monroe has signed a $5.5 million qualifying offer, clearing the way for him to leave the franchise next summer.
Monroe had been a restricted agent this summer and couldn't come to terms on a contract extension with the Pistons – nor could the team find a suitable sign-and-trade scenario for him.
For Monroe, this is a bold step that few have taken before him. It brings with it significant financial risk if he suffers a serious injury this season and loses market value.