Klay Thompson Contract Extension 2023

Warriors Extend Thompson Three Years, Keeping Big Three Intact Through 2026

Golden State Locks in Curry-Klay-Green Triumvirate

Extension Stalls Over Salary and Length of Contract

The Golden State Warriors have agreed to a three-year contract extension with star shooting guard Klay Thompson, keeping the team's "Big Three" of Stephen Curry, Klay Thompson, and Draymond Green together through at least the 2025-26 season. The extension will begin following the 2023-24 season, when Thompson's current contract expires. According to sources, the extension is worth approximately $120 million over three years, with a player option for the 2026-27 season. This would bring Thompson's total career earnings with the Warriors to over $200 million. However, negotiations between Thompson and the Warriors were reportedly not without their challenges. The two sides initially struggled to reach an agreement on both the salary and the length of the contract. Thompson reportedly wanted a four-year extension, while the Warriors were hesitant to commit to such a long-term deal given Thompson's recent injury history. Ultimately, the two sides compromised on a three-year extension that satisfies both parties. Thompson gets a significant pay raise and long-term security, while the Warriors retain their star guard and maintain their championship aspirations. The extension is a major victory for the Warriors, who have been eager to keep their core trio together. Curry, Thompson, and Green have led the team to four NBA championships in the past eight years and are considered one of the greatest trios in NBA history. Thompson, 33, is entering the final year of his five-year, $189.9 million contract. He will become an unrestricted free agent next summer if he does not sign an extension with the Warriors. The extension also gives the Warriors some flexibility in the future. Thompson will have a player option for the 2026-27 season, which means he could potentially become a free agent again at the age of 36. This allows the Warriors to re-evaluate their roster and make a decision on Thompson's future at that time.