Seeing Klay Thompson in any jersey other than the Golden State Warriors‘ blue and gold is going to feel strange — but it’s happening.
The Warriors and Thompson aren’t close to a contract extension, with no recent talks or offers on the table, according to Shams Charania and Anthony Slater of The Athletic. Golden State has shifted its focus to other players like Paul George, but a deal hasn’t materialized, and both sides appear to have moved on.
What’s next for Thompson?
The Lakers, Clippers, and Mavericks are all potential destinations for Thompson, as reported by The Athletic and other sources. The 34-year-old still holds value, having averaged 17.9 points per game last season with a 38.7% three-point shooting rate. However, his offensive inconsistency and decline in defensive prowess mean he’s now seen more as a reliable rotation player rather than a star.
The Mavericks and Lakers, with LeBron James a free agent, can offer Thompson the non-taxpayer mid-level exception of $12.9 million, which is less than Thompson hoped for on the open market. The Warriors are open to a sign-and-trade to get Thompson a better salary but would expect quality assets in return.
A significant challenge for teams pursuing Thompson is that acquiring him via the mid-level exception or a sign-and-trade would hardcap them at the first tax apron of $178.7 million, a threshold these teams were likely to exceed.
Thompson has connections to the Lakers through his father, Mychal Thompson, a former Showtime Laker. The Lakers could propose a trade involving D’Angelo Russell ($18.7 million), a minimum-salary player (like Cam Reddish or Jaxson Hayes), and a first-round pick, provided Thompson agrees to a matching starting salary.
The mid-level exception would be a simpler option.
Reports suggest LeBron James is pushing for the Lakers to sign Thompson and is even willing to take a $16 million pay cut to facilitate the deal. If the Lakers can’t secure someone with the MLE or make another move within a week, they’ll likely give LeBron his max contract ($162 million over three years), as he wants his contract signed before attending USA Basketball camp in Las Vegas.
The Mavericks have made room for the mid-level exception by trading Tim Hardaway Jr. The Clippers’ offer will depend on their negotiations with Paul George and the situation with James Harden.
While it’s uncertain which jersey Thompson will wear next season, one thing is clear: it won’t be the Warriors’ blue and gold.