Gilbert Arenas assesses Klay Thompson’s future after Warriors Guard’s reported $48 million contract rejection

Golden State Warriors’ Klay Thompson is widely recognized as one of the greatest three-point shooters of all time, showcasing the potential of the faithful Warriors superstar. By tallying LeBron James’ four NBA rings, Klay has tentatively placed his name among the league’s greatest players.

As Klay approaches the twilight of his career, substantial discussions about his future, particularly with the Warriors, have sparked considerable interest. Amidst Thompson’s future twist, the former NBA player has audaciously discussed it, which necessitates exploring Thompson Warriors’ contract.

Gilbert Arenas discusses Klay Thompson’s future

Klay Thompson’s time with the Golden State Warriors has been marked with great achievements, especially securing four NBA championships. The Splash brothers’ other half, at 33 years old, is seeing the last season of his 2023-2024 contract worth $43.2 million, with the Warriors.

Arenas discusses the way forward in Klay Thompson's future after his reported $48 million contract rejection
Klay Thompson Va Getty

Following reports that Thompson reportedly declined the Warriors’ two-year contract extension, former NBA player Gilbert Arenas has boldly stated on his podcast that Thompson doesn’t deserve the deal, as he believes the franchise has avoided a bad contract. According to Gilbert Arenas, Thompson missing as many as 200 games during his five-year contract depreciates his value.

Arenas while on the show said, “People think your contract is what you are going to be.” he added, “It is what you have done, you averaged 22 last year in 66-something games, and this year Golden State is like, ‘F*** yeah, we dodged a bullet.”

Journalist and NBA insider Shams Charania once said on “Run it Back, “I’m told that the Warriors offered a deal, 2 years in the range of 48 million dollars in an extension to Klay Thompson before the season, and now there’s no deal.”

Nevertheless, Thompson started his five-year contract with the Warriors, missing two seasons due to knee and Achilles injuries. He only featured in 32 games in the 2021-2022 season and had his most significant number of games played, 69, only last season. Again, in the 2022-2023 season, Thompson regressed from averaging 21.9 to 15.4 points in 22 outings.

Quite surprisingly, Thompson has been on a career-low shooting percentage, with 39.7% from the field and 34.3% from the 3-point range in 22 outings. The mix of on-court issues and contractual uncertainties adds much complexity to the Warriors superstar’s situation.

Thompson’s current Warriors contract

Klay Thompson, since his 2011 NBA first-round draft with the Golden State Warriors, has secured lucrative contracts, which reflects largely in him amassing a substantial fortune. The Golden State Warriors star Klay Thompson, signed a five-year guaranteed contract extension with the franchise, worth $189,903,600 in 2019.

Arenas discusses the way forward in Klay Thompson's future after his reported $48 million contract rejection
Klay Thompson Via Getty

The contract assured him an annual salary of $37,980,720, and in the current season, Thompson earns a base salary of $43,219,440. Klay Thompson’s contract carries a corresponding cap hit and a dead cap value of $43,219,440.

The contract extension kicked off in the 2019-2020 NBA season and sees him through the current 2023-2024 season, which positioned him as one of the highest-paid players in the league. Commendably, Klay Thompson’s 12-year career, which makes him a potential Hall of Famer, has earned him a whopping $223 million, up until the end of the 2022-2023 campaign.

Nevertheless, with the wave of uncertainties flying around Klay Thompson Warriors’ stint, whatever comes out of the situation, it’s evident that Klay Thompson, indeed, has a wonderful and memorable stay with the franchise.

Shariare Hasib

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Shariare Hasib is an NBA Editor at SportsKnot. With a master's degree in journalism from a prestigious university, Shariare started writing about the sport during his undergraduate years. Since then, he has been fascinated by LeBron James' lasting impact as well as Stephen Curry's incredible consistency. He specializes in live basketball coverage. Apart from reporting on trade speculations and match updates during off-season activities, Shariare frequently interacts with fan communities to stay abreast of the constantly evolving NBA scene.


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