Nets' Cam Thomas inks rare deal to test free agency in 2026

The Nets had tabled more lucrative short-term deals, according to Charania, including a two-year, $30 million contract with a team option and a one-year, $9.5 million agreement with incentives.

Thomas and his representatives declined, opting instead for what amounts to a bet on himself. With the league’s salary cap projected to rise in 2026, he is banking on a career year to secure a major payday next summer, whether with Brooklyn or elsewhere.

The gamble is clear. Thomas will lead the Nets backcourt as their primary scorer, with hopes of showcasing greater consistency, efficiency and durability after injury setbacks in previous campaigns. 

Last season, Thomas averaged 24 points, 3.3 rebounds and 3.8 assists in only 25 appearances after playing 66 games in 2023–24, where he posted 22.5 points per contest.

Success could push his market value significantly higher, while failure or fitness concerns could leave him vulnerable in free agency.

His decision could also influence situations elsewhere in the NBA. In Golden State, Jonathan Kuminga faces a similar contract impasse and may consider following Thomas’ path by taking a qualifying offer to reach unrestricted free agency. 

NBC Sports’ Dalton Johnson has reported that the strategy is already appealing to the Warriors forward.

For Brooklyn, Thomas’ choice is a double-edged sword. The team retains an explosive scorer on a modest contract, but loses flexibility, as the no-trade clause blocks any chance of selling high if his value spikes midseason.

Thomas’ stance further highlights the shifting dynamics of player empowerment across the NBA. By resisting long-term security, he is betting on himself and positioning for a bigger deal when the market peaks in 2026. Whether that gamble pays off will depend on his performance over the next 82 games.