Klay Thompson completes two-year move to Miami Heat

The contract is worth nearly $13 million.

Wire Report IntelligenceUpdated Aug 241 min read

Thompson cleared waivers today and his agent Greg Lawrence finalized the two-year deal plus a player option for the four Via @ShamsCharania on X

What happened: Thompson cleared waivers Monday, allowing agent Greg Lawrence to finalize the agreement. A player option gives Thompson control over the second season.

Why it matters: Miami adds a proven perimeter shooter to its roster for the 2026-27 season. The signing completes the buyout route previously linked to Thompson.

By the numbers: Thompson has won four NBA championships.

What to watch: Miami's plans for Thompson's role should become clearer when training camp opens.

Sources

@ShamsCharania 2026-08-24T00:04:00.336338+00:00

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