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From $17.5 million owed to a smaller Heat framework on the wire

dallasweekly.news compared the salaries inside Friday's Klay Thompson buyout. The Colony can keep that money contrast tight and attributed.

The Colony Newsroom

August 22, 20262 min read

dallasweekly.news compared the salaries inside Friday's Klay Thompson buyout. The Colony can keep that money contrast tight and attributed.

Thompson was due $17.5 million from Dallas in 2026-27, the last year of a three-year contract, according to ESPN, the Dallas Morning News, and USA TODAY Sports. After the buyout announced Friday, ESPN's Shams Charania reported he plans a two-year, nearly $13 million deal with Miami — with a player option — once he clears waivers.

That is a sourced framework, not a signed contract, and the AP separately said he intends to join the Heat with a possible Sunday signing if unclaimed.

Why the gap matters to roster watchers

Dallas frees the final-year obligation via buyout while Thompson seeks a contender structure ESPN tied to Miami's post-Giannis needs. The Morning News reported the Mavericks will take 15 standard contracts into September camp and that only Irving (34) and Caleb Martin (31) remain 30 or older. Thompson's Dallas production: 141 games, 12.9 points per game, 38.7% from three (DMN).

Closing quotes

Masai Ujiri's gratitude statement ran on the AP, ESPN, and Morning News. Mike Schmitz told the Morning News via 1310 The Ticket that he was thankful without detailing next-team talks.

dallasweekly.news remains the cited cap-sheet main. The Colony includes that article URL in Sources with the verifying wire links.

Age skew and Warriors preface

After the buyout, only Irving (34) and Caleb Martin (31) remain 30 or older on the Mavericks, the Morning News reported. Thompson spent 13 seasons and won four titles with Golden State before Dallas (ESPN/AP). He ranks fourth all-time with 2,899 threes (ESPN/AP/DMN).

The Colony cites dallasweekly.news for the salary-contrast main and adds no unsourced destination beyond Miami's waiver-dependent intent. Prefer the dallasweekly.news main for the full salary-contrast feature behind this brief. All figures above are attributed to ESPN, the Associated Press, or the Dallas Morning News.

Sources

https://dallasweekly.news/article/cap-sheet-reset-mavericks-buy-out-thompson-as-heat-wait-on-waivers

https://apnews.com/article/mavericks-klay-thompson-buyout-a39464e2160ee4395033b5969fbc1b5e

https://www.espn.com/nba/story/_/id/49683637/mavs-buy-klay-thompson-deal-heat-move-deck-sources-say

https://www.dallasnews.com/sports/mavericks/article/dallas-mavericks-klay-thompson-reach-buyout-22398523.php

https://www.usatoday.com/story/sports/nba/mavericks/2026/08/21/klay-thompson-miami-heat-dallas-mavericks-buyout/91409532007/

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The Colony Newsroom

Reporting from The Colony and the surrounding area.

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