Klay Thompson Contract & Salary

Klay Thompson is a SG for the Miami Heat, earning $5,600,000 in 2026-27. Contract runs through 2027-28 ($11,480,000 guaranteed). Flagged years: 2026-27 flagged, 2027-28 player option.

Updated · 2026–27 season

Klay Thompson is on the books for $5,600,000 in 2026–27, the 8th largest cap hit on the Miami Heat roster and 2.7% of the team's $206.2M payroll.

That ranks 253rd among the 444 players with a 2026–27 salary on the books, and eats 3.4% of the $165.0M salary cap.

The deal has 2 seasons left on it, running through 2027-28, worth $11,480,000 in guaranteed money.

The money climbs as it goes: $5,600,000 in the first year up to $5,880,000 in the last, a 5% rise across the deal.

Not every year is locked in: 2026-27 flagged, 2027-28 player option.

The option year belongs to the player, not the team — he decides whether to take the money or return to the market, so the team cannot count on it either way.

At 36, he is on the far side of the aging curve, and the deal still has him on the books through age 37.

He is the 8th highest-paid of the 14 players on the roster, in the middle of the pay structure.

He is one of 14 players on the Miami Heat's books for 2026–27, whose 2026–27 salaries add up to $206,189,256.

Miami Heat sit at $206.2M in payroll and are currently classified Tax Payer, with +$2.6M of room below the first apron.

Klay Thompson
SG Miami Heat · age 36
2026–27 Salary
$5.60M
% of Cap
3.4%
Years Remaining
2
Total Guaranteed
$11.48M
Contract by Season
SeasonSalary% of CapNote
2026-27$5,600,0003.4%Flagged
2027-28$5,880,0003.6%player option
2028-29
2029-30
2030-31
Notes
Trade Kicker: 15%
Miami Heat Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$206.2M-$41.2M-$6.0M+$2.6M+$15.2M
Highest-Paid Miami Heat Teammates
PosPlayerAge2026-27% of Cap
PFGiannis Antetokounmpo31$58,456,56635.4%
CBam Adebayo29$49,488,30030.0%
SFAndrew Wiggins31$30,169,64418.3%
PFNikola Jovic23$16,200,0009.8%
PFBobby Portis31$14,521,4148.8%
PGDavion Mitchell28$12,400,0007.5%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Thompson
250Kris DunnLos Angeles Clippers$5,684,800+$84,800
251Brandin PodziemskiGolden State Warriors$5,679,459+$79,459
252Paul ReedDetroit Pistons$5,602,689+$2,689
254Khris MiddletonWashington Wizards$5,591,122-$8,878
255Nate AmentMilwaukee Bucks$5,502,000-$98,000