In a stunning turn of events that has sent shockwaves across the NBA, the Golden State Warriors have officially announced that team captain and franchise legend Klay Thompson has signed a five-year contract extension worth $200 million, keeping him in the Bay Area through the 2030 NBA season.
This news comes just weeks after heated speculation that Thompson might depart in free agency, following a year marked by trade rumors and disappointing playoff performances. However, sources confirm that an emotional meeting with team management, head coach Steve Kerr, and longtime teammate Steph Curry led to a renewed commitment from both sides.
“This is home,” said Thompson at a press conference held at the Chase Center on Sunday. “I’ve built my legacy here, and I’m not done yet. The job’s not finished.”
Contract Details
- Length: 5 years (2025–2030)
- Total Value: $200 million
- Annual Salary: $40 million average
- Incentives: Includes performance-based bonuses, All-Star appearances, and championship wins
The contract makes Thompson one of the highest-paid shooting guards in NBA history and reaffirms his status as a cornerstone of the Warriors dynasty.
A Surprising Reversal
This extension follows a dramatic offseason that included rumored meetings with the Orlando Magic and a nearly finalized sign-and-trade with the Dallas Mavericks—echoing last year’s real-world flirtation. But Warriors owner Joe Lacob reportedly stepped in personally to ensure Thompson’s legacy remained in San Francisco.
“We owe Klay more than just memories,” Lacob said. “We owe him the future.”
Eyes on Banner #5
With Thompson locked in alongside Curry, Draymond Green, and rising star Jonathan Kuminga, the Warriors aim to chase another title. The franchise has already begun reshaping its roster, trading for veteran rim protector Jarrett Allen and signing sixth-man scorer Jordan Clarkson in free agency.
Steph Curry, who turned 37 earlier this year, expressed his excitement: “We’ve still got magic left in us. And I can’t imagine doing this without Klay.”
Legacy Secured
Klay Thompson, 35, is already a four-time NBA Champion, five-time All-Star, and one of the league’s greatest three-point shooters. By staying with the Warriors through 2030, he has a chance to become the franchise’s all-time leader in games played and possibly join the elite 30,000-point club.