After Cousins extension, and if Gay decides not to opt out, a likely scenario, then the Kings, barring any future moves between now and then, will be hock for $68,026,204.00 in salaries, and that's without resigning Thomas. Sign Thomas for 8 mil, and you now owe $76 million in salaries. Throw in a first round and your up another 3 to 4 mil, depending on where we pick, and not were up to $80 mil in salaries and well into the luxury tax. That is a ton of money for a non playoff team, and a team so in hock, its impossible to make any other significant moves. Yeah, in the following year we'll have some salary relief in losing Thornton and Outlaw, and maybe resigning Gay to a lesser contract in the 14 mil range, but we would still be over the regular salary cap when its all said and done.
This isn't a matter of what Thomas is worth around the league, but what he's worth to us, and what were willing to pay for what he brings. So the question is, do you think Thomas is a starting PG that can lead you to a championship? Not just the playoffs, but a championship? If not, then you don't pay that much money for him. If you box yourself into a corner financially, you'd better be sure you have all your ducks in a row, because your flexibility is gone. Yes, you can always figure out a way to shed salary eventually, but why would you put yourself in that position to begin with. You never want to take steps that you'll have to undo if you can avoid it.