Klay Thompson Finalizes Buyout and Plans Move to Miami Heat

Klay Thompson has officially reached a buyout agreement with the Dallas Mavericks, forfeiting $17 million of his 2026-27 salary and ending his two-season tenure with the team. Following the buyout finalized on August 21, 2026, Thompson is expected to clear waivers and sign a two-year, $13 million deal with the Miami Heat. This move concludes his three-year, $50 million contract signed in 2024 and positions him to provide perimeter spacing for the Heat's roster alongside Giannis Antetokounmpo.