Cam Thomas‘ decision to sign his one-year qualifying offer (worth nearly $6MM) was a reflection of the fact that he didn’t receive much external interest as a restricted free agent this summer, numerous scouts and league executives told Brian Lewis of The New York Post.
According to Lewis, Thomas has “fans at the highest level in the Nets front office,” but the team clearly wasn’t willing to bid against itself and evidently wasn’t comfortable offering the 23-year-old a long-term deal.
As Lewis writes, there’s risk for both sides now that Thomas is back under contract. From Brooklyn’s perspective, Thomas has an implied no-trade clause, meaning he would have to approve any deal during the 2025/26 season — if that happens, the team that acquires him would only have his Non-Bird rights.
Thomas, meanwhile, reportedly sacrificed short-term money to keep that built-in no-trade clause. General manager Sean Marks targeted multiple play-making guards during the draft, Lewis notes, and the Nets may prioritize their development over more shots for Thomas.
“On a team that’s not trying to win and doesn’t care, if he signs the qualifying offer he runs the risk they don’t feature him after October,” a league source had told The Post before the move. “A team that isn’t trying to win, you’re stuck.”
According to Yossi Gozlan of Third Apron (Substack link), the Nets will be approximately $7MM below the 2025/26 minimum salary floor if they re-sign Ziaire Williams to the same two-year, $12.5MM contract that Day’Ron Sharpe received and waive a few of their non-guaranteed deals before the season begins. That would put Brooklyn in a good position to add assets in another salary-dump deal before the season begins, but a major trade appears unlikely.
Gozlan hears Sharpe will earn $6.25MM each of the next two seasons. As previously reported, the contract features a second-year team option, so it’s only guaranteed for ’25/26.