Klay Thompson’s team move is complete. After the Dallas Mavericks waived Thompson and reached a buyout agreement with him, Thompson cleared waivers and signed a new contract with the Miami Heat. The deal is worth approximately $11.5 million over two years and includes a player option for the second season.
Key Changes
The Dallas Mavericks’ official NBA transaction record shows that Thompson was waived on August 21, 2026. The buyout agreement between Thompson and the team brought an end to his two seasons in Dallas. After clearing waivers on August 23, he became eligible to sign with another team, and his contract with the Miami Heat was reflected in the official roster record that same day.
The key sequence was the Mavericks’ waiver and buyout, waiver clearance, and the Heat’s recording of the contract.
The contract was confirmed at approximately $11.5 million over two years. However, the confirmed total is presented as an approximate figure, and the details of its guarantee structure have not been finalized. The fact that the second season is a player option means that the entire contract term is not locked in under the same conditions.
Current Status
Thompson’s joining date with Miami is listed as August 23, 2026, in the NBA’s official Heat roster record. The confirmed change therefore includes not only the completion of the contract but also the update of his team affiliation to the Miami Heat.
In Miami, Thompson will play alongside Giannis Antetokounmpo, Bam Adebayo, and Andrew Wiggins. Although the names of the new team’s key players are being mentioned together, his specific playing time and starting status have not been presented as confirmed facts. His addition to the roster should be distinguished from the role he will actually have in games.
Thompson cited the opportunity to compete for another championship at a high level as a reason for choosing Miami. This is the background for the move that the player himself provided, not a prediction guaranteeing Miami an actual championship or playoff result.
Impact
The clearest significance of the move is that Thompson has finished his two seasons in Dallas and joined Miami’s roster. The contract also includes a player option, meaning the player holds the choice regarding the second season—an important factor when tracking the contract’s future status.
Another point to verify is Thompson’s career record. NBA.com describes him as fourth all-time in made three-pointers in the NBA. This can be viewed as official career information used to describe Miami’s acquisition, but it does not establish his performance or role with the new team in advance.
Based on the currently confirmed roster, Thompson, Antetokounmpo, Adebayo, and Wiggins will all be listed together in Miami. How this group will be used in games and what position Thompson will play require separate official announcements or actual game records.
What to Check Next
Readers should monitor three items going forward.
- Check how the waiver and waiver-clearance records remain reflected in the official NBA transactions.
- Recheck Thompson’s team affiliation and joining date on the official Miami Heat roster.
- Watch for the release of additional official details concerning the player option for the second season.
The schedule and records confirmed so far are the Mavericks’ waiver of Thompson on August 21, 2026, followed by his waiver clearance and the recording of his Heat contract and roster addition on August 23. The contract is valued at approximately $11.5 million, with a player option for the second season. Details involving playing time, starting status, and team results—内容 related to game outcomes—can be confirmed after official game records and team announcements are released.