Per the league source, Simmons could opt out of his con…

Per the league source, Simmons could opt out of his contract with Liaoning if he lands a guaranteed NBA deal. However, that seems unlikely. Simmons, who not long ago was a key rotation player for good Spurs teams, had shown enough in the G League and in Golden State’s minicamp to warrant a training-camp invite with the Warriors or another NBA club. To land a guaranteed NBA contract, he would have had to first impress at training camp.

More on Jonathon Simmons Free Agency

Connor Letourneau: The Warriors were surprised by this morning's news that Jonathon Simmons is signing in China. But according to one source, the Liaoning Flying Leopards are offering "a lot of money, which is hard to turn down when you’re just sitting at home waiting."
Chuck Miketinac: Agent Cervando Tejeda on Spurs lifting "restricted" tag from Jonathon Simmons's free agency, "they did us a huge favor." "Pop understood where Jonathon was coming from, and what he wanted to do with his career,and the next steps, so he did us a favor for sure."
Jonathon Simmons‏: Arguably one of the toughest decisions I've ever had to make. Thanks to the entire @spurs organization for the opportunity and love!
The Orlando Magic have signed free agent forward Jonathon Simmons, President of Basketball Operations Jeff Weltman announced today. Per team policy, terms of the deal are not disclosed.
Jabari Young: From J-Simms to @ExpressNews ... "It's a business." He's happy with the 3-year, $20M deal signed with #Magic ... #Spurs .. story later
Jabari Young: League sources tell @ExpressNews news Simmons' with #Magic deal is 3-year deal $20 million all guaranteed. #Spurs
David Aldridge: All guaranteed money for Jonathon Simmons's three-year deal in Orlando, per source (@Adrian Wojnarowski first with agreement).
Adrian Wojnarowski: Free agent Jonathon Simmons has agreed to a three-year deal with the Orlando Magic, agent Cervando Tejada tells ESPN.
Shams Charania: Spurs free agent Jonathon Simmons has agreed to a three-year deal with the Orlando Magic, league sources tell The Vertical.
Jabari Young: Just to clarify something that has confused everyone. #Spurs still have Simmons' rights, they pulled the $1.6 QO. Still have Early bird
League sources tell the Express-News the Spurs didn’t offer Simmons their mid-level exception, which would give him a starting salary of $8.4 million next season.
According to league sources, Simmons’ representatives then spoke with Spurs officials late Wednesday in Las Vegas, where it was requested he become an unrestricted free agent. The team granted the request Thursday morning, the last day teams can pull qualifying offers.
Before the start of free agency, sources said Simmons had about 12 teams interested in signing him, including the New York Knicks, Sacramento Kings and Indiana Pacers. But with a tight restricted free agent market, it became difficult to secure a deal.
Simmons and the Spurs have had no new negotiations since the qualifying offer was pulled Thursday, and Simmons has focused fully on signing elsewhere, agent Cervando Tejeda told The Vertical. Multiple teams were heavily involved throughout Simmons’ restricted free agency, but now will be more engaged with the unexpected renouncing of his rights, league sources said.
Adrian Wojnarowski: Free agent Jonathon Simmons is talking to several teams on the market now, league sources tell ESPN. No assurance he returns to Spurs.
Jabari Young: Can confirm #Spurs renounced Simmons ... now an unrestricted free agent. Sides couldn't reach an agreement on a deal or trade. Story coming.
Shams Charania: Sources: The San Antonio Spurs have renounced guard Jonathon Simmons, making him an unrestricted free agent.
The Spurs have not taken the “match-any-offer” path with Simmons, but they are expected to match reasonable offers, and sources indicated that they’d be willing to offer Simmons a contract in the range of $30 million over three years. Simmons is seeking an offer sheet that can beat that, and he has gotten interest from the Knicks and Kings, both of whom have the space to push Simmons into the three-year, $40 million range.
The Knicks have been in touch with Simmons but would probably need to trade Lee or O'Quinn to make a competitive offer for Simmons, one of the top young two-way players on the market. Earlier this week, Simmons was in active talks with two other teams. The Knicks probably need to make a move soon if they have serious interest in Simmons. Their recent contact with him would suggest they're at least open to that.
Knicks have reached out to Spurs restricted FA Jonathon Simmons, league sources say. Simmons is in active talks with 2 teams, per sources.
The Spurs already tendered a qualifying offer to Simmons, a homegrown talent, and because he's a restricted free agent, the team has a right to match any offer he receives -- something it won't do if competing offers get out of hand. A source confirmed the Spurs are working on an offer that would pay Simmons annually in the $9 million range.
Many in the Knicks' organization also are high on Spurs wing Jonathon Simmons (as are 29 other teams). But Simmons will be a restricted free agent, so San Antonio can match all offers made to the 27-year-old.
Storyline: Jonathon Simmons Free Agency
More HoopsHype Rumors
November 27, 2022 | 12:18 pm EST Update