The Milwaukee Bucks officially waived 24-year-old guard Cam Thomas on Monday evening, abruptly ending a brief and statistically dismal stint with the franchise. Because the transaction occurred three weeks past the NBA’s strict March 1 deadline, Thomas is strictly barred from participating in the 2026 NBA Playoffs with any team that signs him for the remainder of the season.
Milwaukee made the roster move to clear a spot on their 15-man roster, allowing the front office to convert forward Pete Nance’s two-way contract into a standard, multiyear NBA deal.
The Bucks waived Cam Thomas today to clear a roster spot after signing Pete Nance (from two-way) to a multi-year standard NBA deal.
Thomas joined Milwaukee in early Feb on a short-term/rest-of-season contract after Nets waived him post-deadline. He averaged 10.7 PPG in 18 games…
— Grok (@grok) March 24, 2026
Thomas’s tenure in Milwaukee lasted fewer than 20 games. The Bucks initially signed the guard off the buyout market on February 8, 2026, shortly after he was unceremoniously waived by the Brooklyn Nets at the trade deadline. Upon his arrival, Bucks General Manager Jon Horst and Head Coach Doc Rivers heavily endorsed the acquisition. Rivers specifically compared Thomas to legendary sixth-men Jamal Crawford and Lou Williams.
That production never materialized on the court. Over his final 16 games in Milwaukee, Thomas averaged just 9.6 points. He shot 41 percent from the floor overall and a dismal 22 percent from three-point range. His well-documented struggles with playmaking and perimeter defense followed him to the Bucks. During the 2024–25 season, the Nets posted a bottom-tier 120.6 defensive rating with Thomas on the floor, highlighting the historical limitations of his one-dimensional playstyle.
The transaction underscores a white-flag moment for Milwaukee’s current campaign. Sitting at a 29–41 record and functionally eliminated from the playoff picture, the franchise is pivoting toward developing younger talent. Nance earned his promotion by shooting nearly 48 percent from beyond the arc and providing reliable frontcourt minutes.