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Sport: BasketballCategory: Trades

Klay Thompson expected to sign with Heat on Sunday

Yahoo Sports • 1 min read • Latest: Aug 21, 2026, 10:59 PM

Last updated Aug 21, 2026

Klay Thompson expected to sign with Heat on Sunday
Summary

Klay Thompson is set to be signed by the Miami Heat as soon as Sunday at 5 p.m. after clearing waivers. The Heat plans to allocate most of its remaining midlevel salary cap space for this signing. The anticipated contract is a two-year deal with a player option for the second year. This move follows Thompson's recent developments in the offseason as teams prepare for the upcoming season.

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Market Watch
  • •Klay Thompson can be signed after clearing waivers.
  • •The signing is expected at 5 p.m. on Sunday.
  • •Miami Heat plans to use midlevel salary cap space.
  • •Deal likely to include a player option in the second year.
  • •Thompson's contract impacts the Heat's roster and salary structure.
Latest Updates
  • 10:59 PMYahoo Sports — Klay Thompson can be signed as soon as Sunday at 5 …
What they're saying
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Klay Thompson can be signed as soon as Sunday at 5 …

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