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4w ago

Cam Thomas Takes $6 Million Nets Qualifying Offer, Turning Up Heat on RFA Standoffs

Thomas’ one-year pact, which carries a no-trade clause, resets leverage for holdout restricted free agents ahead of the Oct. 1 deadline.

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SAN FRANCISCO, CALIFORNIA - MAY 12: Jonathan Kuminga #00 of the Golden State Warriors dribbles the ball against Anthony Edwards #5 of the Minnesota Timberwolves during the third quarter in Game Four of the Western Conference Second Round NBA Playoffs at Chase Center on May 12, 2025 in San Francisco, California.
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Overview

  • Thomas chose the qualifying offer after declining Brooklyn proposals of two years at $30 million with a team option and one year at $9.5 million with incentives up to $11 million tied to waiving his trade veto, according to ESPN.
  • He receives a full no-trade clause for 2025-26 and positions himself for unrestricted free agency in 2026, when league reporting projects 10 or more teams to have cap space.
  • Brooklyn’s cap hold on Thomas drops from roughly $12 million to about $6 million upon signing, creating approximately $6 million in short-term flexibility for the Nets.
  • Golden State’s Jonathan Kuminga is reported to be leaning toward his $7.9 million qualifying offer over a two-year, $45 million team-option deal, a move that would grant him a no-trade clause this season and constrain the Warriors’ trade options.
  • Thomas becomes one of the few former first-round picks since 2017 to accept a qualifying offer, and unresolved cases for Josh Giddey and Quentin Grimes remain key dominoes to watch.