‣ Klay Thompson could sign a four-year, $140 million contract extension with the Golden State Warriors this month.
‣ Thompson’s possible contract extension of $30-35 million per season range is seen as reasonable by NBA executives.
‣ The Warriors can extend Thompson without going into the second tax apron, thanks to Chris Paul’s non-guaranteed salary for the 2024-25 season.
Some NBA executives believe Klay Thompson could secure a four-year deal worth $30-35M annually, per @SIChrisMannix
“Thompson, in the final year of a five-year, $190 million deal, probably lands somewhere in the middle. A four-year deal in the $30–35 million per season range…
— NBACentral (@TheDunkCentral)
The latest NBA Rumors suggest that Klay Thompson could be signing a four-year, $140 million contract extension with the Golden State Warriors this month. Thompson is currently in the final season of his five-year, $190 million deal with the team. NBA executives believe that a deal in the range of $30-35 million per season would be reasonable for Thompson and the Warriors, and there doesn’t seem to be any animosity between the two parties. It’s likely that they will reach an agreement soon.
Despite some doubts about Thompson’s value, there are several factors that make the potential contract extension a good move for both sides. Draymond Green recently signed a four-year, $100 million contract, and Stephen Curry is locked in until the 2025-26 season. Additionally, Chris Paul’s non-guaranteed $30 million salary for the 2024-25 season allows the Warriors to extend Thompson without going into the second tax apron. Going into the second apron would limit their ability to sign buyout players, use trade exceptions, or receive cash in trades.
When assessing Thompson’s performance last season, there is a case to be made that his most efficient season was in 2017-18. However, Thompson still had a strong showing in the 2022-23 season, making 69 starts and averaging 21.9 points, 4.1 rebounds, and 2.4 assists per game. He also led the league in 3-pointers with 301 made shots. Thompson himself believes that the criticism of his performance last season was overrated and highlights the challenges he overcame with injuries.
Despite any skepticism, Thompson’s accomplishments speak for themselves. He currently ranks 11th on the NBA’s all-time 3-pointers list with 2,213 3s, and he is just nine away from surpassing Jamal Crawford for the 10th spot. Plus, he sits behind LeBron James, a future NBA Hall of Famer, who ranks ninth with 2,261 3-pointers. Thompson’s ability to consistently make long-range shots and his resilience after recovering from serious injuries make him a valuable asset for the Warriors.
In conclusion, the potential contract extension for Klay Thompson with the Golden State Warriors is generating buzz in the NBA Rumors mill. Despite some doubts about his value, there are strong indications that the two sides will reach an agreement. Thompson’s history of performance and his ability to make clutch 3-pointers make him a valuable player for the Warriors, and his resilience in overcoming injuries only adds to his value. The potential extension would solidify the Warriors’ core and keep Thompson with the team for the foreseeable future.