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NewsWSVN 7 MiamiAugust 21, 2026Miami-Dade

Dallas Mavericks and Klay Thompson agree to contract buyout

The Dallas Mavericks and Klay Thompson have reached a contract buyout agreement, allowing the five-time All-Star to potentially sign with the Miami Heat as early as Sunday. This move follows a two-year tenure in Dallas that saw the team miss the playoffs in both seasons.

NBAMiami HeatDallas MavericksKlay Thompsonsports
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Why It Matters

The departure of Klay Thompson marks a significant roster change for the Dallas Mavericks as they continue a major team retooling under new leadership.

Key Facts

  • Klay Thompson and the Dallas Mavericks have agreed to a contract buyout.
  • Thompson intends to sign with the Miami Heat after clearing waivers.
  • The signing with the Heat could occur as early as Sunday.
  • Thompson averaged 12.9 points per game during his two seasons with the Mavericks.
  • Thompson has 2,899 career 3-pointers, ranking fourth on the all-time list.
  • The Mavericks missed the playoffs in both seasons Thompson was on the roster.
  • The Mavericks have undergone a front office change, including new president Masai Ujiri and GM Mike Schmitz.
  • Dusty May has replaced Jason Kidd as the Mavericks' head coach.
  • Only five players remain on the Mavericks roster from the opening day of two years ago.

Who's Mentioned

personDamian Lillard“NBA player”personMasai Ujiri“President of basketball operations for the Mavericks”personKlay Thompson“Five-time All-Star NBA player”personAnthony Davis“Former Lakers player traded to Dallas”other13“Years spent with Golden State”organizationDallas Mavericks“NBA basketball team”other36“Age of Klay Thompson”personStephen Curry“Golden State Warriors player”personKyrie Irving“Mavericks player”organizationMiami Heat“NBA basketball team”other2,899“Career 3-pointers made by Thompson”personLuka Doncic“Former Mavericks player traded to the Lakers”personDraymond Green“Golden State Warriors player”other11“Years played for the Warriors”personDusty May“Head coach for the Mavericks”personCooper Flagg“Mavericks player and Rookie of the Year”personMike Schmitz“General manager for the Mavericks”