Klay Thompson's $17.5 million contract for the upcoming 2026-27 season is officially on the trade block, with the Dallas Mavericks actively shopping the veteran guard. This isn't some mere whisper in the wind, folks; NBA insider Marc Stein is reporting that the Mavs are seriously exploring the trade market, showing zero interest in a buyout or letting him walk for nothing. They want assets in return, plain and simple, which tells you everything about their current stance.
The Luka Effect and a Massive Drop-Off
Remember when Thompson landed in Dallas in 2024? It was one of the league's most talked-about free-agent moves! He was supposed to chase a fifth NBA championship right alongside Luka Doncic. What a dream team, right? Well, those plans went up in smoke faster than a faulty fireworks display after the franchise dealt Doncic to the Los Angeles Lakers. And since then? It's been a tough, tough road for Klay. Dallas's eagerness to move Thompson is largely tied to his absolutely disappointing 2025-26 season. It was a brutal watch. His role and production took a significant nosedive, and for the first time in his entire 13-year NBA career, the man had to accept a primary bench role. A bench role for a four-time champion! You just don't see that every day. He posted career lows across multiple statistical categories, finishing the season averaging a mere 11.7 points, 2.1 rebounds, and 1.4 assists per game. Those numbers for a player of his caliber? Yikes. That's a huge problem for a team trying to rebuild.Dallas Wants Assets, Miami Is Waiting
So, what's next for the Mavericks? They're sticking to their guns, expecting to remain deep in trade discussions. They're trying to find some suitable deal for Thompson before they have to finalize the rest of their roster ahead of the new season. Marc Stein's report is clear: Dallas is not just going to hand Klay over. They signed him to a three-year, $50 million deal in 2024, and they want something for that $17.5 million remaining season. And if a trade doesn't happen and Klay somehow becomes a free agent? Don't count out Miami. The Miami Herald and 5 Reasons Sports' Ethan Skolnick are already reporting that the Heat would have "strong interest" in snagging Thompson if he hits the open market. And let's be real, other suitors would surely jump into that mix. It's wild to think that only two years after that splashy free-agent arrival in Dallas, Thompson is already eyeing another change of scenery. Every single move matters right now as Dallas scrambles to reset without their former franchise star. The trade market is open, and the stakes for both Thompson's legacy and the Mavs' future are incredibly high. Keep your eyes peeled, because this story is far from over and could get spicy fast.This article was created with AI assistance and reviewed by Seattle On Tap editorial staff. Always verify information with official team sources.