League: NBA Sport: Basketball Country: United States Category: Scores & Results

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

Heat secure Klay Thompson on buyout, outbid Lakers for shooter

Summary

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.

Source Links

Yahoo Sports

Status Watch

•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.

Latest Updates

7:43 PMYahoo Sports — Heat reportedly outbid Lakers for $298M generational shooter, ex-Warriors future Hall of Famer

What they're saying

"
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.
— Yahoo Sports

Related Teams & Leagues

Dallas Mavericks Denver Nuggets Los Angeles Lakers Miami Heat NBA Basketball