Mavericks buy out Klay Thompson’s contract, NBA champion set to join Giannis Antetokounmpo in Miami: report

The next chapter of likely future Naismith Basketball Hall of Famer Klay Thompson’s career appears set to unfold in Miami, where he is expected to suit up for the Heat during the 2026-27 NBA season.

The five-time NBA All-Star will reportedly sign with the Heat after clearing waivers following a contract buyout with the Dallas Mavericks, according to ESPN.

Thompson, a four-time NBA champion, could ink a two-year contract worth nearly $13 million, sources told ESPN on Friday.

The 36-year-old was scheduled to make $17.5 million in the final season of his contract with Dallas before the two sides agreed to part ways.

The Mavs confirmed the roster move Friday.

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DOWNLOAD NOW! After a 13-season run with the Golden State Warriors , Thompson joined the Mavericks following the 2023-24 season via a sign-and-trade deal.

He spent the next two seasons in Dallas, averaging 12.9 points across 141 regular-season appearances.

Thompson has long been regarded as one of the NBA’s premier 3-point shooters.

DUSTY MAY SHARES HIS EXCITEMENT FOR MAVERICKS JOB AFTER JUMPING FROM COLLEGE TO PROS His expected arrival in South Florida would give Miami another proven perimeter threat as the Heat continue building around Giannis Antetokounmpo and Bam Adebayo.

Antetokounmpo, the 2019 and 2020 NBA MVP, was sent to the Heat as part of a blockbuster trade in June.

Mavericks president of basketball operations Masai Ujiri praised Thompson’s impact during his time with the Mavericks.