Klay Thompson, a prominent American professional basketball player, has amassed a net worth of approximately $70 million. His annual salary is reported to be $32 million, with additional earnings ranging from $5 to $10 million annually through various endorsement deals. Thompson’s achievements with the Golden State Warriors, including multiple NBA championships, have solidified his reputation as one of the best shooters in NBA history.
Career Contracts and Earnings
Thompson’s financial journey in the NBA began in 2015 when he signed a four-year contract with the Golden State Warriors worth $69 million. This deal resulted in an average salary of $17 million per year. Four years later, in 2019, he signed a new five-year contract valued at $190 million, which boosted his average annual salary to $38 million, making it one of the largest contracts in NBA history at that time.
In terms of earnings, Thompson enjoyed a lucrative period between June 2017 and June 2018, earning $31 million from a combination of salary and endorsements. Around $13 million of that sum was generated through endorsement deals. The following year, between June 2019 and June 2020, his total earnings reached $40 million.
Anta Shoe Deal: A Significant Partnership
In June 2017, Thompson secured a major endorsement deal with the Chinese sportswear brand Anta. This agreement is a ten-year contract valued at $80 million, which equates to $8 million per year. On top of this base salary, Thompson is eligible to receive bonuses and royalties based on the sales of his signature shoes and other merchandise associated with the brand.
Early Life and Development in Basketball
Born in 1990 in Los Angeles, California, Klay Thompson grew up in a basketball-oriented family. His mother, Julie, was a collegiate volleyball player, and his father, Mychal, had a successful NBA career. Klay also has two brothers, Mychel and Trayce, who have pursued sports in different capacities. At the age of two, the Thompson family relocated to Lake Oswego, Oregon, where Klay formed a friendship with future NBA star Kevin Love.
At 14, Thompson moved with his family to Ladera Ranch, California, where he attended Santa Margarita Catholic High School. As a senior, Thompson led his high school basketball team to an impressive 30-5 record and a spot in the Division III State Championship, where he set a state record by making seven three-pointers in a single game. He was honored as the Division III State Player of the Year and the League MVP.
College Basketball Journey at Washington State
For college, Thompson chose to play for Washington State University, where his career quickly flourished. As a freshman, he started all 33 games and was named to the Pac-10 All-Freshman Team. During his sophomore season, Thompson helped lead the Cougars to victory at the Great Alaska Shootout, where he was named the Most Outstanding Player. He was also named to the All-Pac-10 First Team after becoming the third-fastest player in Washington State history to reach 1,000 career points.
In his junior year, Thompson dominated the Pac-10, finishing as the league’s top scorer and once again earning First Team All-Pac-10 honors. During the Pac-10 tournament, he set a new record with 43 points and eight three-pointers. Thompson concluded the season with the most points ever scored in a single season at Washington State, tallying 733 total points.
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Transition to the NBA
After his junior season, Thompson declared for the 2011 NBA Draft and was selected as the 11th pick by the Golden State Warriors. He made an immediate impact, earning a spot on the NBA All-Rookie First Team. Thompson’s second year in the league was historic, as he and teammate Stephen Curry set a new record for the most three-pointers made by an NBA duo, with 483. The pair would break their own record in the following season.
NBA Championships and Historic Performances
Thompson’s success with the Warriors reached new heights during the 2014-15 season. After signing a four-year contract extension with the Warriors, he went on to score a career-high 41 points in a win over the Los Angeles Lakers. Later that season, Thompson scored 52 points, including 11 three-pointers, in a victory against the Sacramento Kings. His remarkable performances helped the Warriors secure their first NBA championship title in 40 years, defeating the Cleveland Cavaliers in the Finals.
In the 2015-16 season, Thompson was part of the Warriors team that achieved a historic 73-9 regular-season record, making them only the second team in NBA history to win 70 games. However, despite a strong regular-season showing, the Warriors lost to the Cavaliers in the Finals.
During the 2016-17 season, Thompson achieved a significant milestone by scoring 60 points in just under 30 minutes of play, setting the record for the most points scored by a Golden State Warriors player in over four decades. The Warriors went on to defeat the Cavaliers in the Finals that year, securing their second championship in three years. Thompson helped the Warriors win another title in 2018, once again defeating the Cavaliers in the Finals.
Setbacks: Injuries and Recovery
The 2019 NBA Finals marked a challenging period for Thompson. In Game 6 against the Toronto Raptors, with the Warriors trailing 3-2 in the series, Thompson suffered a torn ACL. He was forced to leave the game during the third quarter, and the Warriors eventually lost the Finals. Despite this setback, Thompson signed a five-year, $190 million contract with the Warriors in 2019.
Following his injury, Thompson underwent surgery to repair his ACL, which caused him to miss the entire 2019-2020 season. To make matters worse, he suffered an Achilles injury during the following year, sidelining him for the entirety of the 2020-2021 season as well.
Success with the US National Team
In addition to his NBA career, Klay Thompson has represented the United States in international basketball competitions. He played a vital role in the US team’s gold medal victory at the 2014 FIBA Basketball World Cup in Spain. Two years later, he won another gold medal at the 2016 Summer Olympics in Rio de Janeiro.
Personal Life and Charitable Efforts
Klay Thompson’s personal life has also garnered attention. He dated actress Laura Harrier from 2018 to 2020 and is known to enjoy playing chess. Additionally, he is a proud pet owner of an English bulldog named Rocco.
Thompson is also deeply involved in philanthropy. In 2017, he raised substantial funds to aid victims of the Northern California wildfires. For every point he scored in home games against the Toronto Raptors, Detroit Pistons, and Washington Wizards, Thompson donated $1,000 to disaster relief efforts. With the help of fans and sponsors, Thompson increased his donation to over $5,000 per point, ultimately raising around $360,000 across three games.
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