If he doesn’t sign a contract extension between now and next June 30, Warriors sharpshooter Klay Thompson will become an unrestricted free agent on July 1, 2024.
However, speaking to Anthony Slater of The Athletic, Thompson downplayed any urgency in his contract situation, suggesting that “it’s not going to be a thing” and expressing a strong desire to remain in Golden State for the rest of this career.
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“Absolutely. I wouldn’t want to go anywhere else,” Thompson said. “To play for one franchise, man? That’s so rare. In any sport. Football. Baseball. Basketball. Australian Rules Football. To play for one club is insane. It’s some real legendary stuff. Even what Udonis Haslem did. He’s revered in Miami. Locally. That’s what I cherish.
“Going around the country, going around the world and people from Northern California or Warriors fans in general are just so prideful about the Warriors. And I was here before banners were hung up. So in a way, it’s our baby. You want to ride it out. I’ve just been so lucky to be a part of this franchise. It’d be so hard to envision myself in another uniform.”
Thompson will earn $43.22MM in 2023/24, the final season of the five-year, $190MM contract he signed in 2019. It’s unclear exactly what his next deal might look like. His maximum salary projects to be upwards of $50MM, but he’s extremely unlikely to command the max as he enters his age-34 season.
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As Slater writes, Thompson won’t be looking to squeeze every possible dollar out of the Warriors when the two sides negotiate an extension. Andrew Wiggins and Draymond Green accepted pay cuts when they signed their latest contracts with the team, but each also received a four-year, nine-figure commitment and a player option. Thompson and the Warriors could reach a similar compromise.
“I know if I just do my job and I’m in shape and I compete at my highest level, I’m going to make money in this league for a long time,” Thompson said. “So I don’t worry about it. I’m blessed beyond measure. Obviously you want to make the most in the window you have as an athlete. But I’m not going to let that get in the way of winning a championship. When you win, everything else will be taken care of.”
Because he’s on an expiring contract, Thompson will remain extension-eligible throughout the regular season even if he and the Warriors don’t reach an agreement before opening night.