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.
By the numbers: Miami previously moved from 30-1 to 18-1 for the 2026-27 championship, reaching fifth in title pricing. Thompson averaged 11.7 points and shot 38.3% from three across 69 games in 2025-26.
What to watch: Watch for Thompson to clear waivers and finalize his contract with Miami.