League: NBA Sport: Basketball Country: United States Category: Breaking News

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

5 sources • 1 min read • Latest: Aug 21, 2026, 7:30 PM

Last updated Aug 21, 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

Yahoo Sports

Market Watch

•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

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