What happened: The agreement ends Thompson's stalled Dallas exit after the club resisted a buyout earlier this offseason. Dallas gains an open roster spot ahead of the 2026-27 season.

Why it matters: Thompson can negotiate with any team, shifting his future from trade talks to the open market. The Mavericks no longer control his destination or stand to receive players or draft assets in return.

What to watch: Thompson's next contract and destination are the developments to watch.