Despite desires from teammates and staff for Klay Thompson to stay, there appears to be no significant progress in contract negotiations with the Golden State Warriors.
Following the 2023-24 NBA season, which ended for the Warriors with a play-in loss to the Sacramento Kings, Thompson is set to become an unrestricted free agent this summer after the last year of his five-year, $190 million contract signed in summer 2019.
According to ESPN’s Zack Lowe, there have been no “substantive” talks for months between Thompson’s camp and the team, despite interest from other teams in free agency.
The negotiations have reportedly been a burden for Thompson, as noted by ESPN’s Kendra Andrews last November, which might explain the absence of in-depth discussions.
How might a new contract for Thompson be structured? Lowe suggests that Jrue Holiday’s four-year, $135 million extension with the Boston Celtics could serve as a framework for a deal between Thompson and the Warriors.
While it seems unlikely that Thompson will play elsewhere next season, there is still a possibility that both sides may not come to an agreement. With NBA free agency beginning on July 1, Thompson and the Warriors have about two and a half months to work something out.
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