Restricted free agent Cam Thomas is signing a one-year, $6 million qualifying offer to return to the Nets , league sources confirmed to the Daily News.

ESPN’s Shams Charania first reported the deal.

Thomas’ qualifying offer includes a full no-trade clause, making him an unrestricted free agent in 2026, per Charania. His prior contract was a four-year, $10.46 million rookie-scale deal. The 23-year-old reportedly declined two Nets offers: a two-year, $30 million deal with a team option for the second year or a one-year, $9.5 million contract with incentives up to $11 million that required waiving the no-trade clause.

If Thomas does approve a trade, his bird rights reduce to non-bird and the maximum a new team can sign for is $7.2 million, $14.7 million (non-tax ML if available), $6.1

See Full Page