LANCE THOMAS

Unsigned

Power Forward, Small Forward
Years of Service Tooltip : 9
2023-24 Year of Service Earned Tooltip : No
BORN: Apr 24, 1988
BIRTHPLACE: Brooklyn, New York, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'8"
203cm
WEIGHT:
240lbs
109kg
AGE: 36
SHOOTS: Right
DRAFT YEAR: Undrafted
AGENT DETAILS
Primary Agent:Mitch Nathan
Secondary Agent:Richie Felder
SUMMARY

Lance Thomas is a 36 year old power forward who was born on Apr 24, 1988. He has signed 13 contracts worth a total value of $38,272,878. He is represented by the agents Mitch Nathan and Richie Felder of CAA Basketball.

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Bird Rights: Non-Bird (NQVFA)

CONTRACT HISTORY

ROOKIE CONTRACT
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BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 years
Value: $1,235,799
Guaranteed: $473,604 (38%)
Expiry Status: UFA (Waived)
AAVTooltip: $617,900
Cap % Tooltip: 0.82
Signing Team: Logo of the New Orleans HornetsNOH
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: December 9, 2011
Source: SalarySwish

Lance Thomas signed a 2 year, $1,235,799 contract with the New Orleans Hornets on Dec 9, 2011. The contract has a cap hit that ranges from $473,604 to $762,195.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2011-12 W$473,604$473,604$473,604$0$0
2012-13 W$762,195$762,195 (+61%)$0$0$0
TOTAL$1,235,799$1,235,799$473,604$0$0
GUARANTEED DETAILS
2012-13: $762,195 Team Option [Requirements Unmet]
WAIVED: This contract was waived (Logo of the New Orleans HornetsNOH - Dec 31, 2011)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
10-DAY CONTRACT
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BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $38,194
Guaranteed: $38,194 (100%)
Expiry Status: UFA
AAVTooltip: $38,194
Cap % Tooltip: 0.07
Signing Team: Logo of the New Orleans HornetsNOH
Signing Method: 10-Day (Expires: Feb 16, 2012)Tooltip
Signing Date: February 6, 2012
Source: SalarySwish

Lance Thomas signed a 1 year, $38,194 contract with the New Orleans Hornets on Feb 6, 2012. The contract has a cap hit of $38,194.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2011-12$38,194$38,194$38,194$0$0
TOTAL$38,194$38,194$38,194$0$0
CONTRACT EXPIRES: Feb 16, 2012
10-DAY CONTRACT
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BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $38,194
Guaranteed: $38,194 (100%)
Expiry Status: UFA
AAVTooltip: $38,194
Cap % Tooltip: 0.07
Signing Team: Logo of the New Orleans HornetsNOH
Signing Method: 10-Day (Expires: Feb 26, 2012)Tooltip
Signing Date: February 16, 2012
Source: SalarySwish

Lance Thomas signed a 1 year, $38,194 contract with the New Orleans Hornets on Feb 16, 2012. The contract has a cap hit of $38,194.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2011-12$38,194$38,194$38,194$0$0
TOTAL$38,194$38,194$38,194$0$0
CONTRACT EXPIRES: Feb 26, 2012
ROOKIE CONTRACT (REST OF SEASON)
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BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 3 years
Value: $1,875,651
Guaranteed: $991,358 (53%)
Expiry Status: UFA (Waived)
AAVTooltip: $625,217
Cap % Tooltip: 0.39
Signing Team: Logo of the New Orleans HornetsNOH
Signing Method: MLETooltip
Signing Date: February 27, 2012
Source: SalarySwish

Lance Thomas signed a 3 year, $1,875,651 contract with the New Orleans Hornets on Feb 27, 2012. The contract has a cap hit that ranges from $229,163 to $884,293.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2011-12$229,163$229,163$229,163$0$0
2012-13$762,195$762,195 (+233%)$762,195
(0→762k)
$0$0
2013-14 W$884,293$884,293 (+53%)$0$0$0
TOTAL$1,875,651$1,875,651$991,358$0$0
Cap Hold 2014-15: $915,243
GUARANTEED DETAILS
2012-13: Increase from $0 to $762,195 (+$762,195) if player is not waived [Requirements Met]
2013-14: Increase from $0 to $884,293 (+$884,293) if player is not waived before Sep 1, 2013 [Requirements Unmet]
WAIVED: This contract was waived (Logo of the New Orleans HornetsNOH - Jul 10, 2013)
VETERAN CONTRACT
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SIGNED BY: Dell Demps
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 years
Value: $1,832,456
Guaranteed: $15,000 (1%)
Expiry Status: UFA (Waived)
AAVTooltip: $916,228
Cap % Tooltip: 1.51
Signing Team: Logo of the New Orleans PelicansNOP
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: August 22, 2013
Source: SalarySwish

Lance Thomas signed a 2 year, $1,832,456 contract with the New Orleans Pelicans on Aug 22, 2013. The contract has a cap hit that ranges from $884,293 to $948,163.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2013-14 W$884,293$884,293$15,000$0$0
2014-15 W$948,163$948,163 (+7%)$0$0$0
TOTAL$1,832,456$1,832,456$15,000$0$0
Cap Hold 2014-15: $915,243
GUARANTEED DETAILS
2013-14: Increase from $15,000 to $884,293 (+$869,293) if player is not waived [Requirements Unmet]
2014-15: Increase from $0 to $948,163 (+$948,163) if player is not waived before Jul 25, 2014 [Requirements Unmet]
WAIVED: This contract was waived (Logo of the New Orleans PelicansNOP - Nov 12, 2013)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
CAMP INVITE
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SIGNED BY: Sam Presti
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $948,163
Guaranteed: $948,163 (100%)
Expiry Status: UFA
AAVTooltip: $948,163
Cap % Tooltip: 1.50
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: September 29, 2014
Source: SalarySwish

Lance Thomas signed a 1 year, $948,163 contract with the Oklahoma City Thunder on Sep 29, 2014. The contract has a cap hit of $948,163.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15 W$948,163$948,163$948,163
(0→948k)
$0$0
TOTAL$948,163$948,163$948,163$0$0
Cap Hold 2015-16: $947,276
GUARANTEED DETAILS
2014-15: Increase from $0 to $948,163 (+$948,163) if player is not waived [Requirements Met]
WAIVED: This contract was waived (Logo of the New York KnicksNYK - Jan 7, 2015)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
10-DAY CONTRACT
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SIGNED BY: Phil Jackson
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $55,774
Guaranteed: $55,774 (100%)
Expiry Status: UFA
AAVTooltip: $55,774
Cap % Tooltip: 0.09
Signing Team: Logo of the New York KnicksNYK
Signing Method: 10-Day (Expires: Jan 20, 2015)Tooltip
Signing Date: January 10, 2015
Source: SalarySwish

Lance Thomas signed a 1 year, $55,774 contract with the New York Knicks on Jan 10, 2015. The contract has a cap hit of $53,838.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$53,838$55,774$55,774$0$0
TOTAL$53,838$55,774$55,774$0$0
CONTRACT EXPIRES: Jan 20, 2015
10-DAY CONTRACT
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SIGNED BY: Phil Jackson
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $55,774
Guaranteed: $55,774 (100%)
Expiry Status: UFA
AAVTooltip: $55,774
Cap % Tooltip: 0.09
Signing Team: Logo of the New York KnicksNYK
Signing Method: 10-Day (Expires: Jan 31, 2015)Tooltip
Signing Date: January 21, 2015
Source: SalarySwish

Lance Thomas signed a 1 year, $55,774 contract with the New York Knicks on Jan 21, 2015. The contract has a cap hit of $53,838.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$53,838$55,774$55,774$0$0
TOTAL$53,838$55,774$55,774$0$0
CONTRACT EXPIRES: Jan 31, 2015
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Phil Jackson
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $423,885
Guaranteed: $423,885 (100%)
Expiry Status: UFA
AAVTooltip: $423,885
Cap % Tooltip: 0.65
Signing Team: Logo of the New York KnicksNYK
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: January 31, 2015
Source: SalarySwish

Lance Thomas signed a 1 year, $423,885 contract with the New York Knicks on Jan 31, 2015. The contract has a cap hit of $409,167.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$409,167$423,885$423,885$0$0
TOTAL$409,167$423,885$423,885$0$0
Cap Hold 2015-16: $947,276
VETERAN CONTRACT
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SIGNED BY: Phil Jackson
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $1,636,842
Guaranteed: $1,636,842 (100%)
Expiry Status: UFA
AAVTooltip: $1,636,842
Cap % Tooltip: 2.34
Signing Team: Logo of the New York KnicksNYK
Signing Method: Cap RoomTooltip
Signing Date: July 10, 2015
Source: SalarySwish

Lance Thomas signed a 1 year, $1,636,842 contract with the New York Knicks on Jul 10, 2015. The contract has a cap hit of $1,636,842.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2015-16$1,636,842$1,636,842$1,636,842$0$0
TOTAL$1,636,842$1,636,842$1,636,842$0$0
Cap Hold 2016-17: $2,127,895
VETERAN CONTRACT
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SIGNED BY: Phil Jackson
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 4 years
Value: $27,549,950
Guaranteed: $19,965,975 (73%)
Expiry Status: UFA (Waived)
AAVTooltip: $6,887,488
Cap % Tooltip: 6.58
Signing Team: Logo of the New York KnicksNYK
Signing Method: Early-Bird ExceptionTooltip
Signing Date: July 8, 2016
Source: SalarySwish

Lance Thomas signed a 4 year, $27,549,950 contract with the New York Knicks on Jul 8, 2016. The contract has a cap hit that ranges from $6,191,000 to $7,583,975.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2016-17$6,191,000$6,191,000$6,191,000$0$0
2017-18$6,655,325$6,655,325 (+8%)$6,655,325$0$0
2018-19$7,119,650$7,119,650 (+8%)$7,119,650$0$0
2019-20 W$7,583,975$7,583,975 (+8%)$0$0$0
TOTAL$27,549,950$27,549,950$19,965,975$0$0
Cap Hold 2019-20: $13,527,335
GUARANTEED DETAILS
2019-20: Increase from $0 to $1,000,000 (+$1,000,000) if player is not waived before Jun 30, 2019 [Requirements Unmet]
2019-20: Increase from $1,000,000 to $7,583,975 (+$6,583,975) if player is not waived [Requirements Unmet]
WAIVED: This contract was waived (Logo of the New York KnicksNYK - Jun 29, 2019)
CAMP INVITE
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SIGNED BY: Sean Marks
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $2,320,044
Guaranteed: $0 (0%)
Expiry Status: UFA
AAVTooltip: $2,320,044
Cap % Tooltip: 1.48
Signing Team: Logo of the Brooklyn NetsBKN
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: September 27, 2019
Source: SalarySwish

Lance Thomas signed a 1 year, $2,320,044 contract with the Brooklyn Nets on Sep 27, 2019. The contract has a cap hit of $1,620,564.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2019-20 W$1,620,564$2,320,044$0$0$0
TOTAL$1,620,564$2,320,044$0$0$0
Cap Hold 2020-21: $1,620,564
GUARANTEED DETAILS
2019-20: Increase from $0 to $2,320,044 (+$2,320,044) if player is not waived [Requirements Unmet]
WAIVED: This contract was waived (Logo of the Brooklyn NetsBKN - Oct 18, 2019)
VETERAN CONTRACT (REST OF SEASON)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Sean Marks
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $262,152
Guaranteed: $262,152 (100%)
Expiry Status: UFA
AAVTooltip: $262,152
Cap % Tooltip: 0.24
Signing Team: Logo of the Brooklyn NetsBKN
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: July 14, 2020
Source: SalarySwish

Lance Thomas signed a 1 year, $262,152 contract with the Brooklyn Nets on Jul 14, 2020. The contract has a cap hit of $262,152.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2019-20$262,152$262,152$262,152$0$0
TOTAL$262,152$262,152$262,152$0$0
Cap Hold 2020-21: $1,620,564

DEAD CAP

TYPE: WAIVERS
TEAM: Logo of the New Orleans HornetsNew Orleans Hornets
LENGTH: 1 YEAR
VALUE: $42,013
DATE: December 31, 2011
SEASONBASE SALARYCAP HIT
2011-12$42,013$42,013
Note: Waived by New Orleans Hornets
TYPE: WAIVERS
TEAM: Logo of the New Orleans PelicansNew Orleans Pelicans
LENGTH: 1 YEAR
VALUE: $88,429
DATE: November 12, 2013
SEASONBASE SALARYCAP HIT
2013-14$88,429$88,429
Note: Waived by New Orleans Pelicans
TYPE: WAIVERS
TEAM: Logo of the New York KnicksNew York Knicks
LENGTH: 1 YEAR
VALUE: $412,730
DATE: January 7, 2015
SEASONBASE SALARYCAP HIT
2014-15$412,730$412,730
Note: Waived by New York Knicks

SALARY PROGRESSION