OAKLAND – The Warriors reached agreement with shooting guard Klay Thompson on a four-year contract extension worth about $70 million on Friday.
The Warriors are expected to officially announce the deal to beat the 9 p.m. deadline to extend Thompson before he hit restricted free agency after this season, as the 24-year-old received the maximum salary he was seeking.
The 6-foot-7 Thompson is the first player in NBA history to hit 500 3-pointers through the first three years of his career and has combined with point guard Stephen Curry to become regarded as the best shooting backcourt in the league.
“Happy for you bro,” Curry tweeted. “Well deserved. Splash bros continue.”
Thompson received the maximum salary at a time when the team views him as one of the top shooting guards in the NBA. Coach Steve Kerr has spoken of Thompson as a possible All-Star in the near future.
A Warriors first-round draft pick in 2011, Thompson has blossomed into a multi-dimensional scorer and defender while remaining durable having never missed a game due to injury in his career.
The Warriors throughout the process had expected to pay Thompson a large sum of money – whether it was by the deadline or next summer when another team might have . In the end, he was awarded the max after negotiations with his agent, Walnut Creek-based agent, Bill Duffy, went into the season.
Thompson has averaged 16.1 points per game in his career after just starting his fourth season, and news of the extension had his teammates congratulating him on Twitter.
“Congrats bro, so proud of u!!!” Mychel Thompson, Klay’s brother, wrote on Instagram. “U earned it!!”