The Dallas Mavericks agree to buy out Klay Thompson’s NBA contract, ending his stint with the team and making him a free agent. Yahoo Sports and the New York Post both report that the buyout follows two seasons in Dallas and that Thompson had remaining time on his deal.
According to the reports, Thompson has one year left on a three-year contract he signed in 2024 and is owed $17 million during the 2026-27 season. While the buyout terms and expected salary figure are cited consistently, outlets diverge on what comes next. Yahoo Sports says Thompson is reportedly set to join the Miami Heat, while the New York Post frames the situation as him having already secured a new destination.
Across the accounts, the common point is that Dallas and Thompson reach a buyout arrangement that removes the contract from Dallas’s books and allows Thompson to choose his next team as a free agent.