Nets Waive Cam Thomas: Scoring Guard Hits Free Agency

Jordan Hale, NBA Insider

Feb 05, 2026 • 4 min read

Brooklyn Nets guard Cam Thomas dribbling the basketball during a fast break in an NBA game, showcasing his athleticism and scoring focus.

Nets Waive Cam Thomas: Scoring Guard Hits Free Agency

In a surprising move ahead of the NBA trade deadline, the Brooklyn Nets have waived guard Cam Thomas, immediately thrusting the 24-year-old into unrestricted free agency. The decision, reported by ESPN's Shams Charania, ends a tumultuous chapter for Thomas with the franchise and opens the door for him to join any team in the league. As the Nets continue their rebuild, Thomas's release signals a shift in priorities, but it could be a boon for contenders seeking a dynamic scorer off the bench.

Background on the Waiver

The waiver comes after months of speculation surrounding Thomas's future in Brooklyn. Sources indicate that a strained relationship between the player and the organization played a key role. Tensions reportedly escalated during a January 23 matchup against the Boston Celtics, where Thomas was benched for refusing to take a shot as the shot clock wound down, opting instead to pass the ball. This incident highlighted deeper frustrations over his role and usage within the Nets' system.

Thomas had inked a $5.9 million qualifying offer last summer following failed contract negotiations. This kept him with the Nets for the 2025-26 season but as a restricted free agent, meaning Brooklyn could match any offer sheet. By waiving him now, the Nets relinquish that right, giving Thomas full control over his destination. In a statement to ESPN Andscape's Marc Spears, Thomas expressed optimism: "Super excited ready to actually help and contribute to another team. My next team is getting elite scoring, good playmaking and a good combo guard."

Thomas's Injury-Plagued Season

This season has been a rollercoaster for Thomas, who has appeared in just 24 games (eight starts), averaging 15.6 points per game. A left hamstring strain sidelined him for 20 contests, echoing similar injury woes from last year when he posted a scorching 24 points and 3.8 assists across 25 games. Despite the limited minutes, Thomas has shown flashes of brilliance, including efficient scoring bursts that could make him a valuable asset for teams needing instant offense.

Cam Thomas's Career Trajectory

Drafted 27th overall by the Nets in 2021 out of LSU, Thomas burst onto the scene as a rookie with his fearlessness at the rim and smooth pull-up jumper. His college pedigree as a scoring machine translated quickly, though consistency and team fit have been ongoing challenges. Over his Nets tenure, Thomas has evolved from a raw prospect into a reliable microwave scorer, capable of dropping 20+ points in limited minutes.

Last season's 24 PPG average in a small sample size underscored his potential as a sixth man or even a starter on a rebuilding squad. However, the Nets' direction—focusing on youth development and cap flexibility—clashed with Thomas's desire for a larger role. The waiver isn't just a release; it's a strategic pivot for Brooklyn, which has been active in trades and roster tweaks this deadline season, including moves involving players like Giannis Antetokounmpo rumors and swaps with teams like the Warriors and Mavericks.

Statistical Breakdown and Advanced Metrics

Diving into the numbers, Thomas's efficiency stands out. He shoots 45% from the field and 36% from three-point range this year, with a true shooting percentage hovering around 52%. His usage rate of 28% in starts highlights his ball-dominant style, but he's also improved as a playmaker, dishing out 2.5 assists per game. Advanced stats from sources like NBA.com show Thomas ranking in the 70th percentile for points per possession in isolation plays—a skill set that screams value for playoff rotations.

Comparisons to players like Malik Monk or Norman Powell are apt; Thomas could thrive in a similar role, providing spacing and scoring punch without needing the ball constantly. His youth (turning 25 in February 2026) adds appeal, as teams invest in long-term upside.

Potential Landing Spots and Market Impact

With free agency underway, Thomas is poised to attract interest from multiple suitors. Contenders like the Los Angeles Lakers, fresh off acquiring Luke Kennard, could use his scoring to bolster their bench amid Anthony Davis trade rumors. The New York Knicks, who just added Jose Alvarado, might view him as a combo guard upgrade. Even Western Conference powerhouses like the Minnesota Timberwolves or Dallas Mavericks—active in deadline deals—could see him as a fit alongside stars like Anthony Edwards or Luka Doncic.

Market-wise, Thomas's waiver injects energy into the mid-tier free agent pool. Unlike high-profile names, his availability allows teams to sign him without salary cap gymnastics, potentially on a multi-year deal worth $10-15 million annually if he proves his health. Analysts like Kevin Pelton from ESPN have graded similar moves highly for teams acquiring undervalued talent, predicting Thomas could elevate a playoff team's depth.

Implications for the Nets

For Brooklyn, cutting ties with Thomas clears $5.9 million in cap space and frees up minutes for younger guards like Jalen Wilson or prospects from the G League. It's part of a broader rebuild strategy post-Kyrie Irving and Kevin Durant eras, emphasizing draft picks and flexibility. However, waiving a homegrown talent like Thomas risks alienating fans in a market craving excitement. The Nets' power ranking has dipped this season, and this move underscores their focus on sustainability over short-term wins.

Looking Ahead: Thomas's Next Chapter

As the NBA landscape shifts with trades like the hypothetical James Harden-Darius Garland swap or Anthony Davis to the Wizards, Thomas's story adds intrigue. His waiver isn't an end but a launchpad. Free from restrictions, he can target a winning environment where his scoring prowess—honed through injuries and adversity—can flourish. Fans and front offices alike will watch closely; a motivated Thomas could be the steal of the 2026 offseason.

In the ever-evolving world of NBA transactions, this release reminds us that talent often finds its way. Whether he ignites a contender's run or anchors a rising squad, Cam Thomas's journey is far from over. Stay tuned to Everythiiing.com for updates on his free agency pursuits and the ripple effects across the league.

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