The reigning NBA champion Golden State Warriors have reportedly been talking about a new contract with All-Star shooting guard Klay Thompson since last month.
It may be another month, or more, until the two sides find a compromise to keep Thompson by the Bay.
The Athletic reported three weeks ago that the Warriors and the four-time All-Star have engaged in discussions on a contract that would keep him in Oakland for at least another five years — at a discount rate to also help the club retain All-Stars Kevin Durant and Draymond Green for years as well.
Thompson’s father, Mychal, was asked by 95.7 The Game on Monday if a new extension was close to being announced. Mychal, who played 12 seasons in the NBA, played coy in insinuating that negotiations are far from complete.
“Klay definitely wants to play his whole career in Golden State and the Bay Area — there’s no question about that,” Mychal said. “He loves it up there … loves the fans.
“But let’s just say that negotiations will probably continue in the summer of ’19.”
The 28-year-old has one year remaining on his contract and could make a maximum of $121 million over five years if he agrees to a four-year extension. If he plays out his contract next season and then signs a five-year deal with Golden State, Thompson could make a maximum of $188 million in the new deal.
If Thompson were to sign elsewhere as a free agent after next season, the maximum deal he could get would be four years for $139 million.
According to the Athletic report, Thompson is considering a four-year extension, but worth only $92 million — a five-year value of $111 million when you include his 2018-19 salary.
In an interview with Bleacher Report’s Ric Bucher after news of the reported offer became public, Thompson said “it would be hard for me to envision going anywhere else.”
The two-time NBA champion shot a career-best 48.8 percent from the field this season, including 44 percent from beyond the 3-point line — also a career high.
Thompson averaged 20.0 points per game in the regular season, the fourth consecutive season he has averaged at least 20 ppg.
–Field Level Media