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NewsWSVN 7 MiamiAugust 24, 2026Miami-Dade

Klay Thompson signs two-year contract with Miami Heat

Klay Thompson has finalized a two-year contract worth approximately $11.5 million with the Miami Heat following a buyout from the Dallas Mavericks. The deal includes a player option for the second season.

NBAMiami HeatKlay ThompsonSports Transactions
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Why It Matters

The addition of Klay Thompson to the Miami Heat roster represents a significant change in team composition as the organization seeks to integrate him alongside Giannis Antetokounmpo and Bam Adebayo.

Key Facts

  • Klay Thompson signed a two-year deal with the Miami Heat worth approximately $11.5 million.
  • The second year of the contract is at the player's option.
  • Thompson cleared waivers on Sunday afternoon.
  • Thompson is 36 years old and entering his 14th NBA season.
  • Thompson is ranked 4th on the NBA's all-time 3-pointers made list.
  • Thompson is 74 3-pointers away from passing Ray Allen for third place on the all-time list.
  • The Miami Heat recently acquired Giannis Antetokounmpo and Bobby Portis from the Milwaukee Bucks.
  • The Miami Heat traded Tyler Herro, Jaime Jaquez Jr., Kel’el Ware, and Kasparas Jakučionis to the Milwaukee Bucks.
  • Tim Hardaway Jr. was also signed by the Miami Heat.

Who's Mentioned

personKlay Thompson“NBA player who signed with the Miami Heat”organizationDallas Mavericks“Former team of Klay Thompson”personGiannis Antetokounmpo“Miami Heat player”organizationMiami Heat“NBA team that signed Klay Thompson”personPat Riley“Miami Heat President”