Cam Thomas

Nets Not Making Aggressive Offers To RFA Cam Thomas

The Nets have not made an aggressive effort to sign restricted free agent Cam Thomas on a long-term deal, reports Jake Fischer of The Stein Line (Substack link).

Thomas, who is entering his fifth NBA season, has posted some big offensive numbers the past two seasons. He averaged 22.5 points per game in 66 outings during the 2023/24 season and 24 PPG last season. However, he only made 25 appearances in ’24/25 due to persistent hamstring issues.

Thomas is more of a scorer than a shooter and has other holes in his game, which has limited his market in sign-and-trade scenarios. In a recent story from The Athletic, 16 NBA executives were polled regarding current prominent RFAs. Josh Giddey, Jonathan Kuminga and Quentin Grimes were considered more valuable than Thomas. Whereas 15 of the 16 respondents proposed contracts of at least three years for each of Kuminga, Giddey and Grimes, only eight did the same for Thomas.

Fischer writes that Thomas might be the most likely of those RFAs to accept his $5.9MM qualifying offer and become an unrestricted free agent next summer.

Last month, Fischer reported that Brooklyn had not offered Thomas anything further than a two-year deal with a team option worth roughly the amount of the non-taxpayer mid-level exceptions ($14.1MM). Thomas is believed to be seeking a contract of at least $20MM annually.

Fischer’s Latest: RFAs, Warriors, White, Young, Celtics

During Thursday’s Bleacher Report live stream (YouTube link), NBA insider Jake Fischer reiterated multiple times that he expects the four primary restricted free agents — Jonathan Kuminga (Warriors), Josh Giddey (Bulls), Quentin Grimes (Sixers) and Cam Thomas (Nets) — to continue to be in contract standoffs with their respective teams for some time.

Again, we are still in a holding pattern with all these restricted free agents, and we are — at this juncture — expecting all those situations to linger deeper into August and get into September as well,” Fischer said. “Don’t expect a resolution for Jonathan Kuminga, for Josh Giddey, for Quentin Grimes, for Cam Thomas, anytime soon.”

According to Fischer, the Warriors haven’t shown any interest in what the Kings and Suns have offered in sign-and-trade scenarios for Kuminga. But they also don’t want to lose the former lottery pick for nothing in return.

Jonathan Kuminga’s side, I believe, right now, would be willing to take a two-plus-one with a player option three-year deal,” Fischer said. “I think that Jonathan Kuminga’s side would take this one-plus-one situation with Golden State — this two-year, $45MM offer that’s been on the table — if he were to get a player option in year two.

But I was told yesterday from various sources that Golden State is going to be holding firm … that second year is going to be a team option. And that’s kinda where this staring contest is at.

Here’s more from Fischer:

  • The Warriors currently have only nine players signed to standard contracts, with the Kuminga stalemate continuing to hold up their other offseason business. Fischer suggested that Al Horford, De’Anthony Melton, and Gary Payton II are likely to be signed after Kuminga’s situation is resolved. Malcolm Brogdon and Seth Curry remain on Golden State’s radar as well, according to Fischer, with Javonte Green another player mentioned.
  • The Bulls are monitoring Coby White‘s upcoming free agency, Fischer said. White will be an unrestricted free agent in 2026, and Fischer noted that there has been talk of White wanting a contract that exceeds $30MM annually. That expectation may be factoring into the calculation of Chicago playing a level of hardball with Giddey’s restricted free agency.
  • Thomas looks the most likely of the four RFAs to accept his qualifying offer, Fischer confirmed. The high-scoring guard views himself as a $30MM+ per year player, but the Nets haven’t approached that figure and have only offered him short-term deals to this point, Fischer said.
  • While Fischer confirmed the latest reports on Trae Young‘s disappointment at the lack of an extension offer from the Hawks, he said that it was also somewhat expected by Young’s camp. Fischer called this season an opportunity for Young to maximize a roster built to complement his game, as well as an opportunity for the new front office to evaluate the players on the roster. If Young is able to maximize the team’s potential and earn All-NBA honors, he’d be eligible for a much more lucrative extension, and he also has a 2026/27 player option he could decline to enter free agency next year as possibly the top free agent on the board.
  • Prior to dealing him to the Jazz, the Celtics had talks with the Grizzlies during Summer League about a deal that would send Georges Niang to Memphis, according to Fischer, who said a rumored framework of Anfernee Simons for Kentavious Caldwell-Pope was never discussed. Fischer noted that before RJ Luis signed a two-way deal with the Jazz, he was considering signing with the Celtics. The Jazz are expected to keep Niang as a veteran leader. Fischer also said that he’s not as confident that Simons gets traded before the season starts as he was that Niang would be dealt.
  • Fischer confirmed that Bennedict Mathurin is on track to receive a bigger role this season with the Pacers due to Tyrese Haliburton‘s injury, and that Mathurin is also hoping to secure a deal that would pay him $20-30MM per year. Fischer added that many of the unsigned rookie scale extension candidates likely won’t finalize new deals until the October deadline.

Eli Cohen contributed to this post.

Atlantic Notes: Nets, Thomas, Edgecombe, Bridges

The Nets still have significant cap space this summer, observes Yossi Gozlan of The Third Apron (Substack link). The club is also still in a bit of a contract stalemate with restricted free agent guard Cam Thomas.

For now, including cap holds, Brooklyn has $28.1MM in available cap room, per Gozlan. Although Brooklyn has agreed to new deals with its own free agents, wing Ziaire Williams and center Day’Ron Sharpe, the agreements are not yet official.

Noting that those signings have been held up as Brooklyn looks into potential trades using its cap real estate, Gozlan proceeds to detail the mechanisms available to the Nets to bring back one or both players — and how a new Thomas contract could complicate matters.

At most, Brooklyn can only have $15,464,700 in cap room when the season hits, so one way or another, more money will be on the books for the Nets soon. How the team navigates these deals remains to be seen.

There’s more out of the Atlantic Division:

  • Although the Nets and Thomas appear to be far apart as their contract talks drag on, The New York Post’s Brian Lewis (subscriber link) submits strategies for the two sides hashing things out before the season. Lewis notes that, beyond agreeing to the offer Brooklyn has put on the table, Thomas could also decide to accept his qualifying offer and hit unrestricted free agency next summer. Lewis consulted with plugged-in sources about the advice they would give Thomas about the situation, if asked.
  • Sixers rookie guard VJ Edgecombe received some words of wisdom prior to last month’s draft, from a very veteran source. The Baylor alum explained on new teammate Paul George‘s “Podcast P” show (YouTube video link) that Dallas sharpshooter Klay Thompson offered him some solid insights about the NBA. “Enjoy the journey,” Edgecome said Thompson told him (hat tip to Grant Afseth of Dallas Hoops Journal for the transcription). “He was like, ‘You’re gonna win championships and all that, but draft night? That’s the best time. You only do that once.’”
  • The Knicks have enjoyed an eventful offseason so far, having brought in former two-time Coach of the Year Mike Brown to replace the recently exiled Tom Thibodeau, and added vets Guerschon Yabusele and Jordan Clarkson to round out their bench depth. But there’s still business to attend to. Stefan Bondy of The New York Post notes that signing All-Defensive forward Mikal Bridges to a new contract extension headlines three key items that should be on the Knicks’ remaining offseason agenda. Since the end of the playoffs, the 6’6″ swingman has been eligible for a deal that could be worth, at most, $156MM over four seasons.

Execs Weigh In On Cam Thomas’ Value

Fred Katz of The Athletic recently polled 16 rival NBA executives about what “faircontracts would look like for the four primary restricted free agents who remain unsigned.

We have already relayed stories regarding Jonathan Kuminga, Josh Giddey and Quentin Grimes, with the key caveat that teams are much more likely to be conservative in their valuations than agents because they don’t want their own players to become too expensive in the future.

In today’s story, the executives weighed in on Nets guard Cam Thomas, who led Brooklyn in scoring with a career-high 24.0 points per game in 2024/25 but was limited to just 25 appearances due to hamstring issues. As Katz writes, Thomas was easily the most polarizing name of the group, and executives were uncertain about whether their views were consensus or otherwise.

I wouldn’t be shocked if this was way lower or higher,” said one executive who proposed a two-year, $32MM deal. “His scoring is very much ‘eye of the beholder.’

Whereas 15 of the 16 respondents proposed contracts of at least three years for each of Kuminga, Giddey and Grimes, only eight did the same for Thomas. And while most executives viewed Kuminga ($17-25MM annually), Giddey ($20-25MM) and Grimes ($12-17MM) as having relatively stable market values, the same was not true for Thomas.

In addition to various contract structures – including a one-plus-one (two years, $40MM with a team option, so only $20MM guaranteed), seven two-year deals, five three-year contracts, and three four-year proposals (no one proposed a five-year deal) – the hypothetical offers also ranged anywhere from $10MM to $30MM per year, with the average being $16.7MM annually but only $42.7MM in total guaranteed money.

According to Katz, only two executives valued Thomas in the exact same way. They were also the most bearish on him as a player, offering $20MM total over two years. And the executive who was seemingly the most bullish on the 23-year-old — deeming a three-year, $90MM deal as being “fair” — was quick to add a caveat.

I wouldn’t personally give (it to) him … But I justified it as ‘fair’ because if I’m him, I’m saying I’m better than Jalen Green and that’s way less than he got,” said the staffer who suggested the $90MM contract, the most lucrative deal in terms of both total money and annual average value.

As Katz points out, Green received a three-year, $105MM rookie scale extension last October. But other score-first guards, like Collin Sexton and Norman Powell, have been traded for relatively modest returns, and the Jazz couldn’t find a taker for Jordan Clarkson, who reached a buyout and signed a minimum-salary deal with the Knicks.

The Nets need someone to score points next season, even if they’re clearly more focused on the 2026 draft than their results in the standings, and Thomas is the player best equipped to do that, Katz writes. But Brooklyn also has a lot of leverage as the only team which can currently make Thomas a strong offer, something it reportedly has shown little interest in doing to this point.

Stein’s Latest: Paul, Smart, Thomas, Kuminga

Chris Paul returned to Los Angeles and signed with the Clippers on a one-year deal last week. Paul showed strong interest in playing for one of his other former teams before making his decision, according to the latest Substack article from Marc Stein and Jake Fischer of The Stein Line.

The other team that Paul considered rejoining was the Suns. The team’s star, Devin Booker, was intrigued by the potential reunion, given how they meshed during Phoenix’s run to the 2021 NBA Finals. There was also seemingly a spot for Paul at the point, since Tyus Jones chose to sign with Orlando.

The Suns’ front office decided to go in another direction. Phoenix was much more interested in defensive stalwart Marcus Smart, who chose to sign with the Lakers after reaching a buyout with Washington. Phoenix’s brass also had some concerns how the future Hall of Famer’s presence might create some awkward situations for first-year head coach Jordan Ott.

The Suns wound up claiming Jordan Goodwin off waivers and signing Jared Butler to a non-guaranteed contract. Paul also drew interest from the Hornets, Mavericks and Bucks, as previously reported.

Citing a source,  Stein said Dallas had D’Angelo Russell higher on its wish list than Paul. The Mavs’ brass believed Russell would be more comfortable in a complementary role once  Kyrie Irving returns from his knee ailment. They also felt Russell was a better fit with Anthony Davis, considering they had played together with the Lakers. Russell signed a two-year deal with the Mavs.

Here’s more nuggets from The Stein Line:

  • The Hawks considered absorbing Smart’s contract into its $25MM traded player exception prior to his buyout. Atlanta opted instead to acquire Kristaps Porziņgis and make a sign-and-trade transaction for Nickeil Alexander-Walker. The Bucks explored potential trades for Smart and the WarriorsAndrew Wiggins with the aid of Pat Connaughton‘s expiring $9.4MM contract. They instead dealt him to Charlotte for two future second-round picks.
  • Fischer reiterates that the Nets’ offers to restricted free agent Cam Thomas have yet to exceed two-year proposals featuring an annual average value in the range of the league’s $14.1MM non-taxpayer mid-level exception. Those offers also include a team option for the second year. Brooklyn appears to be in no rush to ramp up negotiations with Thomas’ representation, given Thomas’ lack of leverage.
  • Regarding another prominent restricted free agent, Jonathan Kuminga has not gotten an offer from the Warriors close to his reported $30MM annual asking price. The Warriors’ best offers to Kuminga have topped out in the two-year, $40MM range, per Stein. As previously reported, the Kings and Suns are regarded as the top suitors but Golden State wants a first-round pick in any sign-and-trade deal. Phoenix is unable to offer a first-rounder.

Free Agent Notes: Thomas, Jazz, Kings, Westbrook, Boston

Reports have indicated there’s a significant gap in contract negotiations between restricted free agent guard Cam Thomas and the Nets, his incumbent team. As Grant Afseth of FastbreakJournal.com writes, Thomas doesn’t appear to have much leverage, with so few teams having the ability to sign him to an offer sheet that might give Brooklyn pause.

He’s a talented scorer, but he’s kind of stuck in the middle right now. He wants star money, but a lot of teams see him more like a microwave scorer off the bench,” a veteran scout for a team who made last year’s playoffs told FastbreakJournal.com. “That disparity is what’s keeping him on the market.”

Echoing reporting from Jake Fischer, Afseth also states that Thomas seems “increasingly likely” to sign his $6MM qualifying offer, which would give him an implied no-trade clause and a chance to hit unrestricted free agency in 2026.

Here are a few more free agent items of interest:

  • League sources tell Afseth that the Jazz, who could theoretically make a run at a top restricted free agent using their $26.6MM trade exception, don’t appear to be interested in Thomas. However, rival teams believe Utah might be intrigued by another RFA who offers more versatility and defense. “If Utah uses that cap space, it’ll be for someone like Quentin Grimes, someone who can knock down threes and guard multiple positions, but still can create off the dribble,” an Eastern Conference executive told FastbreakJournal.com. “He’s also shown flashes as a scorer and play-maker in Philly. He’s shown he can grow into a more complete player in the right system. That’s a different type of bet than what you’re making on Thomas.” The Jazz wouldn’t be able to complete an offer sheet using a trade exception, but could make a sign-and-trade deal.
  • According to Matt George of ABC 10 Sacramento (Twitter link), the Kings and veteran guard Russell Westbrook continue to have mutual interest. However, George has heard that Sacramento would probably need to trade either Devin Carter or Malik Monk to make room in the backcourt for Westbrook, who remains an unrestricted free agent after declining his 2025/26 player option in June. The nine-time All-Star suited up for Denver last season.
  • Free agent wing Brandon Boston Jr. is in “advanced talks” with Greek EuroLeague club Panathinaikos, per Spurs reporter Dusty Garza (Twitter link; hat tip to Sportando). The 23-year-old guard/forward is coming off a solid season with New Orleans in which he averaged 10.7 points, 3.2 rebounds, 2.2 assists and 1.3 steals in 23.6 minutes per contest, with all of those figures representing career highs. However, Boston was limited to just 42 games due to an ankle injury, which required surgery in April, and the Pelicans declined their team option on his contract for ’25/26, making him unrestricted.

Eastern Notes: Peter, Krejci, Pistons, Sixers

Taelon Peter‘s two-way contract with the Pacers will cover two seasons, according to ESPN’s Bobby Marks at Sports Business Classroom. Peter, the 54th overall pick in this year’s draft, is the fourth 2025 second-rounder to a sign a two-year, two-way contract, joining Rocco Zikarsky (Timberwolves), Javon Small (Grizzlies), and Kobe Sanders (Clippers).

Peter’s two-way deal includes a $85,300 partial guarantee for now, but half of his full $636,435 salary will become guaranteed if he remains under contract through the start of the regular season, Hoops Rumors has learned.

Here’s more from around the Eastern Conference:

  • Hawks guard Vit Krejci is the lone active NBA player named to the preliminary Czech roster for this year’s EuroBasket tournament, notes Kevin Chouinard of Hawks.com (Twitter link). Veteran guard Tomas Satoransky, who appeared in 388 NBA games from 2016-22, is among the other notable names representing the Czechs.
  • With oddsmakers considering the Pistons the betting favorites to land Cam Thomas if he leaves Brooklyn, Omari Sankofa II of The Detroit Free Press explores the possibility of the restricted free agent guard landing in Detroit but expresses skepticism it will happen. As Sankofa notes, Thomas isn’t an obvious fit on a roster that already features multiple ball-dominant guards (Cade Cunningham, Jaden Ivey) and likely “doesn’t check enough boxes to justify the expense.” Jake Fischer of Bleacher Report (YouTube link) also recently checked in on the Pistons as a possible suitor for Thomas and found nothing doing.
  • In a mailbag for The Philadelphia Inquirer, Keith Pompey fields questions on Joel Embiid‘s and Paul George‘s trade value, why Guerschon Yabusele wasn’t moved in February if the Sixers were going to let him walk, and what the club’s backcourt rotation might look like. Pompey expects Quentin Grimes, assuming he re-signs, to start alongside Tyrese Maxey, with Kelly Oubre at small forward and Jared McCain and VJ Edgecombe coming off the bench.

Atlantic Notes: Casey, Raptors, Council, Thomas

Former Raptors head coach Dwane Casey, now working in a front office role with Detroit, has been through several rounds of interviews about potentially filling Toronto’s vacant team president role and will meet with Maple Leaf Sports & Entertainment for a final round of meetings this week, writes Omari Sankofa II of The Detroit Free Press (subscriber link).

In his seven seasons as a coach with the Raptors, Casey led Toronto to a 320-238 regular season tally and a 21-30 playoff record, which included an Eastern Conference Finals run in 2016.

There’s more from around the Atlantic:

  • Eric Koreen of The Athletic takes stock of how much the Raptors can preserve the culture the organization built under Masai Ujiri after firing the longtime team president last month. Several trusted former Ujiri associates continue to occupy major front office roles with the club, with general manager Bobby Webster in the running for Ujiri’s former position. Developing international veterans, staying patient with coaches and core players, and preaching self-confidence to Toronto fans are all key Ujiri-era attributes Koreen hopes stick around.
  • With limited spots left on their 15-man roster, the Sixers cut wing Ricky Council IV and his non-guaranteed deal on Friday. Keith Pompey of The Philadelphia Inquirer (subscriber link) breaks down the team’s decision to move on from the young guard/forward after just two seasons. After beginning his career on a two-way contract, Council saw that deal converted to a standard agreement in April 2024. With All-Stars Tyrese Maxey, Paul George and Joel Embiid all missing most of the subsequent 2024/25 season, the Sixers were hoping to see Council grow as an athletic ball-handler and play-maker while developing his long-range game, Pompey writes. Instead, he struggled to score efficiently or control the rock. In 73 healthy games for Philadelphia last year, the 6’6″ pro averaged 7.3 points, 2.9 rebounds, and 1.3 assists per contest, with a shooting line of .382/.258/.804. The Sixers now have two open roster spots, with restricted free agent Quentin Grimes likely to fill one of them.
  • Restricted free agent Nets shooting guard Cam Thomas remains unsigned nearly four weeks into the 2025/26 league year. Anthony Puccio of NetsDaily analyzes the standoff, and makes the case for retaining one of the team’s most exciting and prolific young scorers.

Fischer’s Latest: RFAs, Smart, Vucevic, Brogdon

In addition to sharing the latest updates on Nets guard Cam Thomas, NBA insider Jake Fischer checked in on the other three most notable remaining restricted free agents during his Bleacher Report live stream on Thursday, discussing Bulls guard Josh Giddey, Warriors forward Jonathan Kuminga, and Sixers guard Quentin Grimes.

Fischer stated that he doesn’t expect there to be resolution on either Giddey or Grimes this month (YouTube link) and expressed a belief that Grimes, Kuminga, and Thomas will eventually agree to short-term deals with their respective teams rather than long-term contracts (YouTube link).

While that leaves Giddey as the most likely player of the quartet to work out a longer-term agreement, Fischer added that he thinks Giddey’s dynamic with the Bulls is the “most strained” of the bunch right now, due to how the negotiations have played out so far (YouTube link).

Here’s more from Fischer:

  • Before Marcus Smart agreed to a buyout with Washington and signed with the Lakers, the Wizards had “a ton” of trade discussions about the former Defensive Player of the Year, per Fischer (YouTube link). The Bucks, Hawks, and Heat were among the teams that spoke to the Wizards about possible deals involving Smart, according to Fischer, who says that Washington and Miami talked at one point about a trade that would’ve included Terry Rozier.
  • Responding to a question about the possibility of the Bulls trading Nikola Vucevic, Fischer stressed that there isn’t much of a market for the veteran center (YouTube link). “I think at this juncture, we’re probably more likely to see a Nikola Vucevic buyout mid-season than we are to see a trade,” Fischer said. “Depending on how the market unfolds, depending on how injuries develop. There just really hasn’t been much of a Nikola Vucevic trade market in a while.”
  • Fischer views the Timberwolves as perhaps the most logical landing spot for free agent guard Malcolm Brogdon (YouTube link). Fischer acknowledges that that Minnesota wants to give youngsters Rob Dillingham and Terrence Shannon Jr. more opportunities to establish themselves as rotation players, but notes that the team could use another veteran option to complement Mike Conley, who will turn 38 in October. “I think Minnesota still stands as a really good situation for Malcolm Brogdon and one that he’s been monitoring, one that the Wolves have checked in on,” Fischer said. “I’m not making a prediction, but I think that’s a good situation for Malcolm Brogdon.”

Latest On Cam Thomas

Providing an update on Cam Thomas‘ restricted free agency on Thursday, Jake Fischer of Bleacher Report (YouTube link) said he expects Thomas to ultimately return to the Nets, since it doesn’t seem as if there are other “real” suitors pursuing the high-scoring guard.

Fischer also identified Thomas as the most likely of the top remaining RFAs to accept his qualifying offer, noting that the gap between the sort of contract he’s seeking and what Brooklyn has offered is pretty significant.

“I have not heard that Brooklyn has offered Cam Thomas anything further than a two-year deal with a team option on the second (year) that I don’t believe is going much north – if north at all – of the $14.1 million mid-level exception,” Fischer said. “… Cam Thomas thinks of himself as one of the most elite play-maker scorers in the NBA, and he wants to be compensated as such.

“… I definitely believes he wants north of $20 (million per year),” Fischer added.

Thomas has increased his scoring average in each of his four NBA seasons and put up career highs of 24.0 points and 3.8 assists per game in 2024/25. However, he was limited to just 25 games last season due to hamstring issues and has been up and down from an efficiency standpoint, with career averages of 43.9% from the floor and 34.9% on three-pointers. He’s also not considered an above-average defender.

Brooklyn previously reached two-year agreements with Day’Ron Sharpe and Ziaire Williams that both include second-year team options, so the fact that the front office offered Thomas a deal with a similar structure makes sense. Despite taking on multiyear deals for Michael Porter Jr. and Terance Mann in trades this offseason, the Nets remain in position to carry over a significant chunk of cap room to the 2026 offseason.

The Nets may yet be willing to increase their offer for Thomas, but if the overall structure of their proposal doesn’t change and they continue to offer just one fully guaranteed year, he would have to decide whether accepting a qualifying offer worth roughly $6MM and sacrificing $8MM+ in 2025/26 earnings would be worthwhile in order to ensure he reaches unrestricted free agency next summer.

Accepting the qualifying offer would also give the 23-year-old the ability to veto trades during the ’25/26 season.

Thomas is one of four restricted free agents who received a standard (ie. not a two-way) qualifying offer in June and remains unsigned. The other three are Josh Giddey of the Bulls, Jonathan Kuminga of the Warriors, and Quentin Grimes of the Sixers.