Klay Thompson, who will become an unrestricted free agent next summer, has said many times he plans to stay with the Warriors. He even discussed signing a contract extension, which would have capped his compensation far below what he could get in free agency.
But Thompson is apparently no longer interested in offering Golden State that savings.
Thompson has no plans to take a discount, and the Warriors don’t expect him to, league sources say.
Thompson’s max next summer projects be about about $221 million over five years if he makes an All-NBA team (or wins Defensive Player of the Year) this season or about $190 million over five years if he doesn’t.
That’s a steep bill, but the Warriors have little choice but to pay it. They’re in the midst of maybe the greatest run in NBA history, and they’re generating massive revenue. Cheapness would be a terrible reason to break up this team. Thompson is a key contributor, and at least his outside shooting should help the 28-year-old age well.
But costs will get steep in a hurry. If the Warriors re-sign Thompson and Kevin Durant next summer and Draymond Green the following summer to max – not even supermax – deals, keep Stephen Curry then fill the roster with 10 minimum-salary free agents, their projected payroll in 2020-21 would be… about $288 million, including about $115 million in luxury tax. That might be untenable, even for Golden State.
Perhaps, Durant will take one decision out of the Warriors’ hands. But if Durant stays and Thompson seeks every penny, Green could face a belt-tightening team in 2020 free agency.