After spending his first 13 NBA seasons with the Golden State Warriors, the four-time NBA champion Klay Thompson, will begin a new chapter in his career. The 34-year-old shooting guard signed a three-year, $50 million contract with the Dallas Mavericks ahead of the 2024-25 season. As Thompson aims for his fifth championship, let’s look at his net worth in 2024.
In July 2024, the 2024 NBA runners-up announced they had acquired five-time All-Star Klay Thompson as part of a six-team sign-and-trade deal. The 2016 three-point contest winner will look to win his fifth championship ring with the Mavericks stars Luka Doncic and Kyrie Irving.
Klay Thompson’s NBA Career And Contracts
The Golden State Warriors picked Klay Thompson 11th overall in the 2011 NBA Draft. Following his rookie season, Klay helped the Warriors reach the playoffs in each season until 2019, including five straight NBA Finals appearances.
In his early years, Klay earned $9.3 million over four years from 2011 to 2015. In 2015, he signed a four-year, $69 million contract extension with the Warriors. In 2019, Klay signed a then-third-largest NBA contract worth $190 million for five years.
Following his injuries that cost him two seasons, Klay returned late in the Warriors’ championship-winning 2021-22 season. Despite having the worst 3-point shooting average of his career (38.5%), he helped the Dubs win their seventh NBA championship.
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How Much Is Klay Thompson Worth In 2024
The 2023-24 season was his lowest-scoring season since 2012-13, when he averaged 16.6 points per game. Due to his scoring inefficiency, Warriors coach Steve Kerr dropped him from the starting five for 14 games. This took a toll on Thompson’s value, and he accepted a salary cut at the Mavericks.
According to Celebrity Net Worth, Klay Thompson’s worth is estimated to be $70 million in 2024. The NBA’s all-time leading three-point scorer in a single game (14) has an annual salary reported to be $32 million, which will be affected by his new contract.
Klay Thompson’s Endorsements
Apart from his lucrative NBA contracts, one of the best shooters in NBA history has signed various brand endorsement deals. In 2017, Thompson signed a 10-year, $80 million deal with Anta, a popular Chinese shoe brand. He has also secured endorsement deals with popular brands like Panini, Body Armor, Electronic Arts, Fanatics, Mercedes, Gillette, Tissot, Activision, Cash App, and Uber Eats.
Thompson missed two and a half seasons due to injuries but kept expanding his endorsement portfolio. Despite being sidelined, he penned deals with Waiakea Water, Bevel, and NERF. His varied brand deals allow him to make $15-18 million annually.
Klay Thompson’s Investments
The former Warriors star guard’s Thompson Family Foundation made a remarkable investment into Sleeper, a fantasy sports startup. In recent years, Klay Thompson co-established a company focusing on cannabis products made for recovery, alleviating stress, and improving sleep quality. The Mavericks star started the company Just Live CBD alongside US Women’s Soccer star Alex Morgan.
In 2021, Thompson and NBA stars like Devin Booker and Trae Young contributed to a Series C funding round for sports media company Overtime. The company raised $80 million with Jeff Bezos and Drake, among other investors. He also owns Realtypath, a real estate company that originated in Provo, Utah.
How Much Is Klay Thompson’s House Worth?
After winning the 2015 championship with the Warriors, Thompson bought a 2,433 square-foot, $2.2 million sea-side home in Dana Point, CA, in Orange County. The house was originally built in 1974 and features three bedrooms and four bathrooms. With a view of the Pacific Ocean, the home boasts a backyard swimming pool and a two-car garage.
Apart from his Orange County home, the NBA star also has a home in Oakland. According to reports, he lived in his $2.44 million home during Kevin Durant’s time at the Warriors as the Suns star lived nearby.
Last season was the worst of Klay Thompson’s NBA career, raising concerns over his shooting abilities. However, with a new team, the four-time NBA champion is expected to bounce back and stand a chance to win his fifth ring. All the questions will be answered soon as the Mavs open their 2024-25 season on October 24 against the San Antonio Spurs.
