Klay Thompson Signs with Heat After Warriors Buyout
The Dallas Mavericks bought out Klay Thompson's contract Friday. He is expected to sign with the Miami Heat once he clears waivers.
- $17.5 million remained on his contract for the 2026-27 season.
- Thompson's original deal was a three-year, $50 million contract signed in 2024.
- 38.3% from three-point range last season across 69 appearances.
- Thompson ranks fourth all-time in 3-pointers made in NBA history.
Why it matters: Miami overhauled its roster this offseason, acquiring Giannis Antetokounmpo from Milwaukee in June. Perimeter shooting was an identified weakness on the new-look Heat.
- Antetokounmpo draws heavy defensive attention, which should create open looks for shooters like Thompson.
- Dallas could not find a trade partner and is rebuilding around rookie Cooper Flagg.
How 7 sources split on this story
Center coverage, 5 sources: The center frames this as a basketball transaction driven by fit and roster need, focusing on Thompson's shooting value for Miami's contender build around Antetokounmpo.
USA Today2hKlay Thompson gets Mavericks buyout, expected to join Heat: reportWLWPLG Local 103hKlay Thompson expected to join Miami Heat after Mavericks buyout, multiple reports say
Heavy21mEvery Major NBA Free Agent Left After DeMar DeRozan Signs
ESPN2hMavs buy out Klay Thompson's deal; Heat move on deck, sources say - ESPN
Reuters2hReport: Klay Thompson expected to sign with Heat following Mavs exitRight coverage, 2 sources: The right frames this as a broader lifestyle reset for Thompson, pairing the team move with his personal split from Megan Thee Stallion as part of a single narrative.
What’s next: Thompson must clear waivers before Miami can sign him.
- Golden State, where Thompson won four titles, had expressed interest but is no longer in contention.
- What role will Thompson play on a Heat team already built around Antetokounmpo and Adebayo?
- Will any team claim Thompson off waivers before Miami can sign him?