Klay Thompson expected to sign with Miami Heat after clearing waivers

Klay Thompson is set to sign with the Miami Heat following clearance of waivers after a contract buyout with the Dallas Mavericks, according to multiple sources. Thompson, who averaged 12.9 points on 40.3% field goal percentage and 38.7% three-point shooting over two seasons with Dallas, has been described as one of the greatest players and competitors of his era.

The Mavericks are $2.2 million under the luxury tax line and Thompson's minimum salary is $3.9 million, meaning he would likely forfeit at least that amount in his buyout. The Miami Heat currently have 12 players under standard contracts, making Thompson's addition as the 13th player a possibility. If the Heat sign Thompson, they may also look to acquire a center, with potential targets including Demar DeRozan and Gabe Vincent.

Thompson has expressed a desire to compete for a championship, though not necessarily win one, and play a role on a team with aspirations for a deep playoff run.