Bucks waive guard Thomas to convert Nance

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  • Jamal CollierMar 23, 2026, 09:08 PM ET

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      Jamal Collier is an NBA reporter at ESPN. Collier covers the Milwaukee Bucks, Chicago Bulls and the Midwest region of the NBA, including stories such as Minnesota's iconic jersey swap between Anthony Edwards and Justin Jefferson. He has been at ESPN since Sept. 2021 and previously covered the Bulls for the Chicago Tribune. You can reach out to Jamal on Twitter @JamalCollier or via email [email protected].

The Milwaukee Bucks waived guard Cam Thomas on Monday night, less than two months after signing him, to convert the two-way contract of forward Pete Nance into a standard NBA contract.

Bucks general manager Jon Horst touted Thomas as a key part of the team's ability to contend this season and in the future after he joined the Bucks when he was waived by the Brooklyn Nets on Feb. 8.

When Thomas scored 34 points off the bench in his second game with the Bucks on Feb. 11, coach Doc Rivers raved about him afterward, saying, "I've had Jamal Crawford. I had Lou Williams. ... And now, I have Cam Thomas."

Yet, Thomas saw his role diminish in recent weeks. He has averaged 9.6 points on 41% shooting with 1.9 assists (22% from 3) and 16 minutes in the 16 games since Feb.11.

Overall, he appeared in 18 games for Milwaukee and wasn't able to provide a spark for a team that was hoping to make a push for the Eastern Conference play-in tournament but now sits in 11th place.

If Thomas was to sign without another team, he would not be eligible for the postseason because he was waived after March 1.

Nance, meanwhile, has emerged as a recent bright spot for Milwaukee. He has appeared in a career-high 37 games this season and has seen an increased role in recent weeks.

He's averaging 15.3 minutes since the start of February and 5.2 points on 56% shooting (48% from 3) with 2.7 rebounds.

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