Mavericks reach buyout agreement with Klay Thompson, making him a free agent

6 sources • 1 min read • Latest: Aug 22, 2026, 8:57 PM

Last updated Aug 22, 2026

Mavericks reach buyout agreement with Klay Thompson, making him a free agent
Summary

The Dallas Mavericks have finalized a buyout agreement with guard/forward Klay Thompson, allowing him to become an unrestricted free agent. Thompson was scheduled to earn $17 million in the 2026-27 NBA season as part of a three-year, $50 million contract signed in 2024. The team's announcement marks a significant change in their roster ahead of the upcoming season. Further updates on Thompson's next steps are anticipated as he enters free agency.

Source Links
By the Numbers
  • •Mavericks announce buyout agreement with Klay Thompson
  • •Thompson to become an unrestricted free agent
  • •He was owed $17 million for 2026-27 season
  • •Thompson's contract was a three-year deal worth $50 million
  • •Next updates will follow on his free agency
Latest Updates
  • 8:57 PMhoopsrumors.com — Mavericks Notes: Thompson, Buyout, Schmitz, Biberovic - Hoops Rumors
  • 7:30 PMYahoo Sports — Klay Thompson and the Mavericks navigated a buyout …
  • 7:17 PMYahoo Sports — Mavericks reach buyout agreement with Klay Thompson to make him unrestricted free agent
  • 7:16 PMYahoo Sports — Mavericks buyout Klay Thompson's contract, making him a free agent
  • 7:16 PMYahoo Sports — Mavericks agree to buy out Klay Thompson's contract, with sharpshooter reportedly joining Heat
What they're saying
"

Details on Klay Thompson's buyout agreement, why he picked the Mavs over the Lakers in 2024, and more from Dallas.

"

Mavericks reach buyout agreement with Klay Thompson to make him unrestricted free agent

"

Klay Thompson was owed $17 million during the 2026-27 NBA season.

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days