Report: Pelicans' Thomas won't receive 2nd 10-day contract

ATLANTA, GA - APRIL 6: Isaiah Thomas #24 of the New Orleans Pelicans dribbles the ball during the game against the Atlanta Hawks on April 6, 2021 at State Farm Arena in Atlanta, Georgia. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2021 NBAE

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Isaiah Thomas' latest comeback bid appears to be over for now.

The New Orleans Pelicans have no plans on signing the veteran guard to a second deal after his initial 10-day contract expired, a source told ESPN's Andrew Lopez.

However, the team reportedly isn't ruling out a potential reunion in the future.

New Orleans has two weeks before it must add another player, but the club could wait the entire 14-day period to fill that roster spot due to salary-cap purposes.

Here is what a sample timeline would look like for New Orleans to stay under the tax and sign 2 players:

4/27- 1 Ten-Day Contract (now $142,805 below)

5/11- Can sign 2 players ($66,599 each) to a rest of the season contract https://t.co/U63jt8ikDa
— Bobby Marks (@BobbyMarks42) April 13, 2021

Thomas averaged 7.7 points and 1.7 assists over three appearances with the Pelicans. The two-time All-Star has played only 87 games since 2016-17 due to hip issues.