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New York Sports Today

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Free Agent Notes: Thomas, Wong, Walker, Theis

July 18, 2025 by Hoops Rumors

Expanding on his earlier reporting on restricted free agent guard Cam Thomas, Brian Lewis of The New York Post (subscriber link) says he has heard from three sources that there may not be resolution on the situation anytime soon. The Nets are the only NBA team with cap room remaining and continue to explore options for how to use that space. Until that happens, they’ll likely be in no rush to lock up Thomas to a new deal, and his camp isn’t pressing the issue either.

On top of that, there may be a substantial gap between how the two sides value Thomas. As Lewis writes, a source familiar with the guard’s thinking believes he could be seeking $30MM per year, since he doesn’t consider himself to be a lesser player than Immanuel Quickley (who is earning $32.5MM per year going forward), Tyler Herro ($32MM per year), or RJ Barrett ($28.7MM per year).

However, the Nets likely won’t consider a deal anywhere near that lucrative, especially with no rival suitors in position to offer Thomas a significant offer sheet. Two league sources who spoke to Lewis wondered if the 23-year-old might ultimately accept his $6MM qualifying offer in order to reach unrestricted free agency in 2026, though that would likely be a last resort.

Here are a few more notes on free agents from around the basketball world:

  • CSE, an agency representing basketball players, held a pro day in Las Vegas on Tuesday of this week, according to Spencer Davies of RG.org, who says a number of teams were in attendance to watch players with past NBA experience, like Isaiah Wong, Izaiah Brockington, and Chasson Randle. G League and international veterans like center Garrison Brooks and wing Pedro Bradshaw also took part and have drawn some interest as potential NBA training camp signees, Davies adds.
  • Wong has had “productive” discussions with the Jazz, Davies reports. The 24-year-old guard was in camp with Utah last fall and opened the season with the Salt Lake City Stars in the G League before catching on with Charlotte.
  • After missing out on Vasilije Micic, who reached an agreement with Hapoel Tel Aviv, the EuroLeague club Real Madrid has its eye on a couple other NBA veterans. Relaying a report from the Spanish outlet Marca, Johnny Askounis of Eurohoops notes that veteran guard Lonnie Walker and big man Daniel Theis are on Real Madrid’s radar. Walker finished last season with the 76ers, while Theis played for AS Monaco after being waived by Oklahoma City in February.

Filed Under: Nets

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