If you are looking for details about Klay Thompson’s contract with the Golden State Warriors, you have come to the right place. This archive page collects information and analysis about the contract status, salary figures, extensions, and the impact of injuries on his career.
Rookie Contract (2011-2015)
Klay Thompson was selected by the Golden State Warriors with the 11th overall pick in the 2011 NBA draft. He signed a standard rookie scale contract worth approximately $12 million over four years. The deal included team options for the third and fourth seasons, which the Warriors exercised. Thompson quickly established himself as a key shooting guard, earning a spot in the league’s All-Rookie First Team.
First Contract Extension (2014-2019)
In October 2014, Thompson agreed to a four-year, $70 million contract extension with the Warriors. The deal kicked in for the 2015-16 season and kept him under team control through 2019. This extension proved to be a bargain for Golden State, as Thompson’s elite shooting and defense helped the team win multiple championships. During this period, he became a four-time All-Star and part of the “Splash Brothers” duo with Stephen Curry.
Supermax Extension (2019-2024)
Following the 2018-19 season, Thompson signed a five-year, $190 million maximum contract with the Warriors. The supermax deal reflected his status as one of the league’s top two-way players. However, Thompson suffered a torn ACL in his left knee during the 2019 NBA Finals, just days before free agency. The Warriors nonetheless offered him the full max contract, demonstrating their commitment. The contract is fully guaranteed and contains no player or team options.
Injury Setbacks and Contract Implications
Thompson missed the entire 2019-20 season recovering from ACL surgery. Then in November 2020, he suffered a torn Achilles tendon, causing him to miss the 2020-21 season as well. Despite these consecutive serious injuries, the Warriors continued to support him, and his contract remained on the books. The organization did not seek any adjustments or salary relief, honoring the deal in full. Thompson’s absence allowed younger players to develop, but the team remained committed to his return.
Return to Play and 2022 Championship
Klay Thompson made his long-awaited return to the court in January 2022. He quickly regained his shooting touch and played a crucial role in the Warriors’ 2022 NBA championship run. During the playoffs, he provided veteran leadership and clutch shooting, reminding fans of his elite ability. His performance validated the organization’s decision to keep him through his recovery.
Current Contract Status
As of the 2022-23 NBA season, Thompson is in the third year of his five-year supermax contract. He remains under contract through the 2023-24 season. The Warriors will face decisions regarding his long-term future as the contract approaches its end, but his legacy with the franchise is already cemented. This page will be updated as new information becomes available.
Frequently Asked Questions
What is Klay Thompson’s current contract?
Klay Thompson signed a five-year, $190 million supermax contract with the Golden State Warriors in 2019. The contract runs through the 2023-24 season.
How much did Klay Thompson earn on his rookie contract?
His rookie deal was worth approximately $12 million over four years, starting in 2011.
Did Klay Thompson take a pay cut?
No, Thompson has always earned maximum or near-maximum salaries. He signed a max extension in 2014 and a supermax in 2019. The Warriors offered him the full max even after his ACL injury.
Will Klay Thompson be a free agent?
His contract is set to expire after the 2023-24 season, at which point he will become an unrestricted free agent unless he signs an extension.
For more articles and updates on Klay Thompson’s contract situation, browse related posts in this archive.