Klay Thompson Agrees to Contract Buyout with Dallas Mavericks, Plans to Join Miami Heat
Klay Thompson and the Dallas Mavericks have agreed to a contract buyout. Thompson plans to sign with the Miami Heat after clearing waivers. This move comes after the Mavericks missed the playoffs in both of Thompson's seasons with the team,…
Detroit, MI, August 21, 2026 — Klay Thompson has reached an agreement with the Dallas Mavericks on a contract buyout, paving the way for him to join the Miami Heat. The veteran guard intends to sign with the Heat once he clears waivers.
The agreement between Thompson and the Mavericks concludes a period that saw the team fail to reach the playoffs in the two seasons Thompson was with the organization. This period with the Mavericks was also marked by a significant trade that involved Luka Doncic.
Thompson’s departure from Dallas follows their inability to secure a playoff spot during his tenure. The team’s performance in the seasons Thompson was on the roster did not meet expectations, contributing to this decision.
Following the buyout’s finalization and his clearance of waivers, Thompson is expected to join the Miami Heat. This move signifies a new chapter for the player as he seeks to contribute to a new team. The specific terms of the contract buyout between Thompson and the Mavericks were not immediately disclosed.
The Mavericks’ playoff drought during Thompson’s time with the team, alongside other strategic team decisions such as the trade involving Luka Doncic, have been factors leading to this outcome. Further details regarding the waiver process and Thompson’s official signing with the Heat are anticipated.
Story summarized from the original created by Schuyler Dixon, Associated Press on www.clickondetroit.com, see more information here.
