Klay Thompson is on a $43.219 million expiring contract with the Golden State Warriors with the two sides reportedly having begun early extension talks.
“My understanding is that they have opened contract extension talks with Klay Thompson,” said Ramona Shelburne on the Lowe Post. “This is a slow process. This idea that he’s been eligible for awhile and they haven’t done anything… no, they’ve started talking. They’ve exchanged proposals. There’s no hurry to these discussions. The optionality goes both ways. Not necessarily he’s trying to leave, but just the optionality that he didn’t have a great year last year. It behooves him to have a great year this year and he’s becomes more valuable if he does.”
The Warriors re-signed Draymond Green this past offseason as a free agent.
“They are definitely open to the idea of doing [an extension] because they’ve opened discussions with Klay Thompson. I think the years will probably be similar to what Draymond Green signed, which was a four-year deal. I think it will probably be similar. I don’t know where they’ll land on team option, player option. The money is going to be the question. And how that fits with the new CBA The restriction that implies. I know that the Warriors feel very strongly about keeping Klay Thompson and Draymond Green alongside Steph Curry.”
Thompson was most recently a free agent in 2019 coming off his ACL injury and he swiftly signed a five-year, $189 million deal.