What happened
Cam Thomas rejected a two-year, $30 million extension from the Brooklyn Nets a year ago. He was waived by the Nets in February and by the Milwaukee Bucks tonight. Thomas has now signed a one-year, $6 million contract, reportedly with the New York Knicks.
Why it matters
Underscores risks of turning down big offers for young players. Weakens Bucks' bench depth amid tight East race. Knicks gain scoring punch off bench, potentially shifting playoff futures odds.
What to watch
Watch Thomas's role in Knicks' rotation and early-season scoring output.