WEDNESDAY, 8:12am: Thomas has officially signed with Maccabi Tel Aviv on a one-year deal, according to Euroleague.net (hat tip to Sportando). The Israeli club also has an option on Thomas for 2013/14.
FRIDAY, 8:35am: After failing to secure a satisfactory NBA offer, Malcolm Thomas has agreed to join Israel's Maccabi Tel Aviv on a multiyear contract, according to David Pick of Sportando. Pick had reported yesterday that the two sides were in "advanced talks."
Thomas played just three games for the Spurs last season, and also signed a 10-day contract with the Rockets, though he didn't appear in any games for Houston. The 6'9" forward saw his stock increase, however, after a standout performance with the Bulls' summer league squad in July.
Although Chicago badly wanted to bring him to camp on a non-guaranteed deal, according to Shams Charania of RealGM.com (via Twitter), it seemed Thomas was seeking a larger financial commitment. The 23-year-old worked out for the Knicks as well, and was reportedly looking for a guaranteed contract from the team.
Maccabi Tel Aviv was also said to be interested in Kenyon Martin to bolster its frontcourt. However, Martin turned down the club's offer of $900K, according to Pick (Twitter link).