Nets make contract decisions on Cam Thomas, two others

Brooklyn would still like to work out new deals with Williams and Sharpe, Scotto explains, but tendering them qualifying offers would’ve cut into the team’s cap room, since Williams would have had a cap hold of over $18M while Sharpe’s would have been nearly $12M.

Thomas, on the other hand, seems like a good candidate to command a starting salary higher than his $12.1M cap hold, so giving him a qualifying offer shouldn’t affect Brooklyn’s cap room and will reduce his potential flight risk. As long as they keep that qualifying offer in place and Thomas’ $12.1M cap hold on their books, the Nets will be able to go over the cap to sign him to a more lucrative deal using his Bird rights, once their cap room has been used up.

Thomas was limited to just 25 appearances in 2024/25 due to hamstring injuries, but continued to show off an elite scoring ability when healthy, averaging a career-high 24.0 points and 3.8 assists per game. His qualifying offer is worth just shy of $6M.

Williams, who was acquired from Memphis in a trade last offseason, averaged 10.0 points and 4.6 rebounds in 24.5 minutes per game across 63 outings (45 starts). His .341 3PT% wasn’t great, but it was a noticeable step up from the 30.1% mark he posted in his first three NBA seasons, and he showed off his defensive versatility, even handling center duties in a pinch. His QO would have been worth $8.35M.

Sharpe, who has battled some injuries since entering the league, averaged 7.9 points and 6.6 rebounds in 18.1 minutes per night (50 games) in 2024/25. A Nets team that finished the season with a 26-56 record and a -7.3 net rating outscored its opponents by 2.1 points per 100 possessions when Sharpe was playing, which was, by far, the best mark of any rotation player who finished the season on Brooklyn’s roster. His QO would have been worth $5.98M.

Although the Nets have interest in retaining Williams and Sharpe, passing on their qualifying offers means they will be unrestricted free agents, and Brooklyn will no longer have the right of first refusal if they want to sign with another club.