Collin Sexton still has not reached an agreement with the Cleveland Cavaliers with regard to his new contract. The 23-year-old remains to be one of the biggest names still available in free agency at this point in the offseason, and unfortunately for him, it seems that there hasn’t been much progress with the Cavs in terms of an extension.

It is worth noting, however, that Sexton is a restricted free agent. He still has one more year remaining on his current deal with the Cavs, which he could play out if he decides to take the qualifying offer from the team. Cavs insider Chris Fedor of cleveland.com reports that this could be where things are headed right now:

Sources maintain Sexton’s camp is open to taking the qualifying offer. While the deadline for that is Oct. 1, the two sides can mutually agree to extend that date.

Due to a lack of interest from rival teams, Sexton may have no other choice but to play out his contract with Cleveland. He will need to prove his worth this coming season to show teams (including the Cavs) that he deserves a big-money deal once he becomes an unrestricted free agent next summer.

The report also states that both Collin Sexton and the Cavs could be willing to extend the October 1 deadline for the qualifying offer. This will give Sexton more time to find a team that’s willing to pay him the $20 million annual salary he’s reportedly demanding. Whether or not he is able to do, however, so remains to be seen.