Heat secure Klay Thompson on buyout, outbid Lakers for shooter
Yahoo Sports • 1 min read • Latest: Aug 21, 2026, 7:43 PM
Last updated Aug 21, 2026
The Miami Heat signed Klay Thompson after the Dallas Mavericks finalized his contract buyout on August 21, 2026. Thompson, a five-time All-Star and four-time NBA champion, previously averaged 12.9 points per game during his two seasons with the Mavericks. The Heat's pursuit of Thompson, seen as a crucial addition after missing other targets, secured them a top shooter to enhance their roster ahead of the upcoming season. His signing follows a disappointing free agency for Miami, who aims to improve their competitiveness in the Eastern Conference.
- •Thompson joins the Heat after a buyout with the Mavericks.
- •He has earned $298 million in contracts throughout his career.
- •Thompson ranks fourth in career 3-pointers made.
- •Miami missed out on other big free agency targets.
- •The Heat aim for a stronger performance in the upcoming season.
- 12:39 PMYahoo Sports — Heat officially win battle over Lakers for $298M future Hall of Famer, ex-Warriors 4x NBA champion
- 7:43 PMYahoo Sports — Heat reportedly outbid Lakers for $298M generational shooter, ex-Warriors future Hall of Famer
"The Miami Heat officially landed a five-time All-Star on Sunday night. The Heat won the battle for one of the best shooters in the game over the Los Angeles Lakers.
"The Miami Heat were finally able to land someone in free agency on Friday afternoon. They were able to beat out the Los Angeles Lakers for this five-time All-Star.
Sources
External links- Yahoo SportsAug 24, 2026, 12:39 PMHeat officially win battle over Lakers for $298M future Hall of Famer, ex-Warriors 4x NBA champion
The Miami Heat officially landed a five-time All-Star on Sunday night. The Heat won the battle for one of the best shooters in the game over the Los Angeles Lakers.
- Yahoo SportsAug 21, 2026, 7:43 PMHeat reportedly outbid Lakers for $298M generational shooter, ex-Warriors future Hall of Famer
The Miami Heat were finally able to land someone in free agency on Friday afternoon. They were able to beat out the Los Angeles Lakers for this five-time All-Star.
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