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Klay Thompson Net Worth: Scoring Big in the NBA’s Financial Court

Klay Thompson Net Worth: Scoring Big in the NBA's Financial Court
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Klay Alexander Thompson (born February 8, 1990) is an American professional basketball player for the Dallas Mavericks of the NBA. Previously, he spent 13 seasons with the Golden State Warriors as part of the Splash Brothers.

Recognized as one of the greatest three-point shooters, he is a four-time NBA champion, five-time NBA All-Star, two-time All-NBA Third Team honoree, and was named to the NBA All-Defensive Second Team. A 2011 NBA Draft 11th overall pick, Thompson also won gold medals with the United States in the 2014 World Cup and 2016 Olympics.

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Klay Thompson Net Worth

Klay Thompson has a net worth of $70 million, with an annual salary of $32 million and $5–$10 million from endorsements. In 2015, he signed a 4-year, $69 million contract with the Warriors, averaging $17 million annually. In 2019, he signed a 5-year, $190 million deal, with an average salary of $38 million, making it the third-largest contract in NBA history.

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June 2017 and June 2018, he earned $31 million, including $13 million from endorsements, and $40 million between June 2019 and June 2020.

Early life

Klay Thompson was born in Los Angeles to Julie, a former college volleyball player, and Mychal Thompson, the first overall pick in the 1978 NBA Draft. At age two, his family moved to Lake Oswego, Oregon, where he was childhood friends and Little League teammates with future NBA star Kevin Love.

Raised Catholic with his brothers, Thompson moved to Ladera Ranch, California, at 14. He graduated from Santa Margarita Catholic High School in 2008, averaging 21 points, leading the team to a Division III State Championship, and earning Division III State Player of the Year.

Career

Klay Thompson declared for the 2011 NBA Draft, selected 11th overall by the Golden State Warriors. The pick raised speculation about trading Monta Ellis, which occurred in March 2012. Warriors GM Larry Riley praised Thompson’s shooting and anticipated defensive improvement under coach Mark Jackson.

Despite missing the 2012 Rising Stars Challenge, Thompson excelled afterward, improving in scoring, shooting, rebounds, and assists, earning NBA All-Rookie First Team honors. By 2013, Thompson and Stephen Curry set records for three-pointers, forming an elite duo. Thompson achieved career highs, cementing his role with the Warriors.

Personal life

Thompson’s older brother, Mychel, played basketball for Pepperdine University and briefly in the NBA with the Cavaliers, while his younger brother, Trayce, became a Major League Baseball player. Thompson faced controversy when suspended at WSU for a misdemeanor citation for marijuana possession.

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After winning the 2015 NBA Finals, Thompson and his father joined elite father-son duos with NBA titles. Known for his dry humor, Thompson owns a bulldog, Rocco, and raised $360,374 for 2017 wildfire relief. An avid chess player, he met Magnus Carlsen and dated actress Laura Harrier from 2018–2020.

Why did Klay leave NBA?

Westbrook signed the largest contract in NBA history in 2017, a 5-year $205 million deal with the Oklahoma City Thunder. He also signed a 10-year endorsement deal with Jordan Brand worth $150-200 million, one of the largest in sports history.

Conclusion

Russell Westbrook’s journey in the NBA exemplifies not just athletic prowess but also remarkable financial acumen. His ability to convert his basketball success into a vast fortune is as impressive as his record-breaking performances on the court.

FAQs about Klay Thompson
  1. What is Klay Thompson’s Net Worth and Salary? Klay Thompson has an estimated net worth of $70 million, with an annual salary of $40.6 million from the NBA and additional earnings from endorsements.
  2. How Has Klay Thompson Contributed to the Golden State Warriors Success? Thompson, as a key player for the Warriors, has been instrumental in leading the team to multiple NBA championships, known for his exceptional shooting skills and defensive abilities.
  3. What Major Contracts Have Boosted Thompson’s Earnings? Thompson’s significant contracts include a 4-year $69 million deal in 2015 and a 5-year $190 million contract in 2019, making him one of the highest-paid athletes in the NBA.
  4. What Endorsement Deals Does Klay Thompson Have? Thompson has lucrative endorsement deals, including a notable 10-year contract with Anta, a Chinese shoe brand, which significantly contributes to his income.
  5. What Challenges Has Thompson Faced in His NBA Career? Thompson has faced significant challenges, including serious injuries like a torn ACL and Achilles injury, which sidelined him for entire seasons, but he has consistently made strong comebacks.

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