BREAKING: Klay Thompson Dallas Mavericks Contract Details Revealed

ESPN's Adrian Wojnarowski reported that Klay Thompson will sign with the Dallas Mavericks.

Dec 19, 2023; San Francisco, California, USA; Golden State Warriors guard Klay Thompson (11) reacts after he is called for a foul against the Boston Celtics during the second half at Chase Center. Mandatory Credit: John Hefti-USA TODAY Sports / John Hefti-USA TODAY Sports

UPDATE: Shams Charania of The Athletic and Stadium reports that the sign-and-trade has been completed.

The Mavericks have sent two second-round picks to the Warriors to complete the Klay Thompson sign-and-trade to Dallas, sources said.

— Shams Charania (@ShamsCharania) July 1, 2024

UPDATE: ESPN's Adrian Wojnarowski reports that there will be no player option in Thompson's three-year deal.

Via Wojnarowski: "Update on Thompson's Mavs contract: Thompson will do a straight three-year deal without a player option, sources tell ESPN."

Update on Thompson's Mavs contract: Thompson will do a straight three-year deal without a player option, sources tell ESPN.

— Adrian Wojnarowski (@wojespn) July 1, 2024

UPDATE: The Warriors still need to agree to the details of a sign-and-trade.

Via Anthony Slater of The Athletic: "The Warriors haven't agreed to any Klay Thompson sign-and-trade to Dallas at this point, per sources. Could still happen, but negotiation/finalization would still be needed."

The Warriors haven't agreed to any Klay Thompson sign-and-trade to Dallas at this point, per sources. Could still happen, but negotiation/finalization would still be needed.

— Anthony Slater (@anthonyVslater) July 1, 2024

Klay Thompson has spent his entire career playing for the Golden State Warriors.

That said, the five-time NBA All-Star is a free agent, and ESPN's Adrian Wojnarowski reports that he will sign with the Dallas Mavericks.

Via Wojnarowski: "BREAKING: Free agent Klay Thompson plans to join the Dallas Mavericks on a three-year, $50M deal with a player option, sources tell ESPN. Thompson ends his historic Warriors run as part of a multi-team sign-and-trade that’ll also send Josh Green to Charlotte."

BREAKING: Free agent Klay Thompson plans to join the Dallas Mavericks on a three-year, $50M deal with a player option, sources tell ESPN. Thompson ends his historic Warriors run as part of a multi-team sign-and-trade that’ll also send Josh Green to Charlotte. pic.twitter.com/4GJ5hR3H5o

— Adrian Wojnarowski (@wojespn) July 1, 2024

Thompson leaving Golden State is already a big surprise, but the fact that he is not getting an enormous contract is even more revealing.

As much as I am heartbroken to not get to watch Klay Thompson anymore, the real sadness to me comes in how much the relationship is clearly strained and deteriorated. There's no way the Warriors didn't exceed that contract offer. He wanted to leave for a reason.

— Golden State of Mind (@unstoppablebaby) July 1, 2024

Thompson was the 11th pick in the 2011 NBA Draft and helped the Warriors win four titles.

He is coming off a year where he averaged 17.9 points, 3.3 rebounds and 2.3 assists per contest while shooting 43.2% from the field and 38.7% from the three-point range in 77 games.

Klay Thompson: Warriors legend 🏆🏆🏆🏆

End of an era. pic.twitter.com/xdPWP1fWQo

— Bleacher Report (@BleacherReport) July 1, 2024

The Mavs already have superstars Kyrie Irving and Luka Doncic, so the addition of another future Hall of Famer is significant.

They are also coming off a year where they reached the NBA Finals for the first time since the 2011 season when Dirk Nowitzki was still on the roster.