What happened: Klay Thompson reached the open market through a contract buyout and is expected to join the Miami Heat after clearing waivers. His arrival would add a veteran perimeter shooter for the 2026-27 season.

Why it matters: Miami's championship outlook had already improved sharply earlier in the offseason. Thompson addresses the roster's need for catch-and-shoot scoring.

What to watch: Watch for Thompson to clear waivers and finalize his contract with Miami.