Klay Thompson’s net worth is $70 million as of 2023. The NBA player earns a salary of about $43 million per annum and has endorsement deals with several brands such as Panini, Anta, BodyArmor, Bevel, NERF, Gillette, and others.
The Golden State Warriors player has been playing professionally since 2011, and through the years he has risen among the ranks to become one of the best shooters in the NBA. He is also one of the highest-paid players with an annual average salary of $40,600,080. Klay Thompson’s salary earnings put him behind players like teammate Stephen Curry, Russell Westbrook, LeBron James, Kevin Durant, and a few others.
Klay Thompson’s Net Worth Is Estimated At $70 Million
Klay Thompson’s net worth is $70 Million estimated. His fortune comes from not just his earning as a professional basketball player. He makes a substantial amount from endorsement deals as well. Klay is associated with top brands like Mercedes-Benz, Hugo Boss, Gillette, Anta Sports Products, and many more. Klay Thompson is estimated to have earned $17 million through endorsement deals and sponsorships.
As a top shooter, Klay Thompson’s net worth sets him apart as one of the highest-paid basketball players in the NBA. He is ranked 10th by ESPN in terms of top salary earners in the NBA. In 2019, he signed a 5-year / $189,903,600 contract with the Golden State Warriors and he is expected to make $83.8 million over the next two years.
Overview of Klay Thompson’s Net Worth
| Net Worth (as of 2023) | $70 Million |
| Annual NBA Salary | Approximately $43 Million |
| Endorsement Earnings | Estimated at $17 Million; Deals with Panini, Anta, BodyArmor, Bevel, NERF, Gillette, and others. |
Klay Thompson’s NBA Contracts and Earnings
| Contract Period | Contract Details and Earnings |
|---|---|
| 2011 – 2015 (Rookie & Extensions) | 4-Year Rookie Contract: $9,742,480 <br> Extensions in 2013-2014 and 2014-2015 |
| 2015 – 2019 | 4-Year Contract Extension: $68,979,450 |
| 2019 – 2024 | 5-Year Maximum Contract: $189,903,600 |
Klay Thompson’s Endorsement Deals
| Brand Associations | Details |
|---|---|
| Various Brands | Includes Panini, BodyArmor, Activision Blizzard, Anta, Bevel, NERF, Mercedes-Benz, Gillette, Block Inc, Shake Shack, Fanatics, UberEats, Hasbro, Hugo Boss, Kaiser Permanente, Electronic Arts, Tissot, Waiakea Water, Buffalo Wild Wings. |
Klay Thompson’s Business Ventures and Investments
| Venture Type | Details |
|---|---|
| Co-Founder of Just Live CBD | Specializes in THC-free CBD products |
| Start-Up Investments | Includes Dapper Labs, Sleeper, Carbon Health, Overtime, Crosschq, Sundae. |
| Acting | Appeared in “Space Jam: A New Legacy” (2021) |
Klay Thompson’s Lifestyle and Assets
| Asset/Investment | Details |
|---|---|
| Real Estate | Owns a $2.2 million home in Dana Point, California. |
| Personal Assets | Owns a 37-foot fishing boat named “Nordic Knife”. |
| Philanthropy | Thompson Family Foundation; Various charitable activities and donations. |
Klay Thompson’s Contract
At the beginning of his professional career in 2011 with the Golden State Warriors, Klay signed a standard 4-year / $9,742,480 rookie contract, a $2.32 million contract extension in the 2013-2014 season, and a $2.32 million contract extension in 2014-2015. It was also in the 2014-2015 season that the Golden State Warriors won their first NBA Championship since 1975.
Klay Thompson then signed a 4-year / $68,979,450 contract extension with the Warriors. The Warriors did not win the championship during the 2016 season, however, with the power combo of Klay Thompson and Stephen Curry, they were able to win the 2017 and 2018 titles.
In 2019 Klay signed a 5-year / $189.9 million maximum contract that will see him play for the Golden State Warriors till 2024. Unfortunately, he sustained an anterior cruciate ligament injury in the penultimate game of the 2019 NBA Finals, which kept him off the court throughout the 2019–2020 season. He also missed out on the 2020–2021 season with a torn Achilles tendon he sustained while still recovering from his ACL injury.
He finally returned to court in January 2022 after missing out on play for 31 months. He went on to help the Warriors with their fourth championship in eight seasons by securing the 2022 title. He has so far won four championship rings and made it to the NBA All-Star game five times.
Klay Thompson’s NBA Salary
Below is a breakdown of Klay Thompson salary since he joined the NBA.
Salary Earnings for a 4-Year Rookie Contract Signed in 2011 and Worth $9,742,480
- 2011-2012 – $2,126,520
- 2012-2013 – $2,222,160
- 2013-2014 – $2,317,920
- 2014-2015 – $3,075,880
Salary Earnings for a 4-Year Contract Extension Signed in 2015 and Worth $68,979,450
- 2015-2016 – $15,501,000
- 2016-2017 – $16,663,575
- 2017-2018 – $17,826,150
- 2018-2019 – $18,988,725
Salary Earnings for a 5-Year Contract Extension Signed in 2019 and Worth $189,903,600
- 2019-2020 – $30,695,625
- 2020-2021 – $35,361,360
- 2021-2022 – $37,980,720
- 2022-2023 – $40,600,080
- 2022-2024 – $43,219,440
Klay Thompson has Endorsement Deals with the Likes of Panini and Anta
Klay Thompson makes a lot of money from endorsements and sponsorship deals. He has worked with the likes of Panini, BodyArmor, Activision Blizzard, Anta Sports Products, Bevel, NERF, Mercedes-Benz, Gillette, Block Inc, Shake Shack, Fanatics, UberEats, Hasbro, Hugo Boss, Kaiser Permanente, Electronic Arts, Tissot, Waiakea Water, Buffalo Wild Wings. Klay Thompson is estimated to have earned $17 million through endorsement deals and sponsorships.
Klay Thompson’s Shoe Deal
During the 2014-15 season, Thompson switched from Nike to Anta, a Chinese sneaker company. His ten-year deal with Anta in 2017 is reported to be worth $80 million before bonuses and royalties, making it one of the biggest deals in the league. Some of these deals come in the form of partnerships, with these companies and organizations working with the Thompson Family Foundation to achieve its aim.
The NBA Star has also Invested in Multiple Ventures
Like many sports stars Klay Thompson has invested in several enterprises. Klay Thompson is the co-founder of Just Live CBD. He founded the company alongside motocross superstar Alex Pastrana, US National Soccer team co-captain Alex Morgan and pro skater Paul Rodriguez. Just Live CBD is an e-commerce company that specializes in selling THC-free CBD products for fitness enthusiasts and athletes. The health and wellness company is estimated to be worth a handsome value.
Klay is also dipping his toes in start-up investing. He has already invested money in companies like Dapper Labs, Sleeper, Carbon Health, Overtime, Crosschq, and Sundae. There is no doubt that he consistently makes good returns on investment.
Acting could also be another veritable source of revenue for Klay Thompson. He made his debut appearance on the silver screen when he was featured in the 2021 American live-action/animated sports comedy film Space Jam: A New Legacy with LeBron James, Michael B. Jordan, Zendaya, and other notable actors.
Klay Thompson’s Net Worth Affords Him the Millionaire Lifestyle
Thanks to the millions of dollars he makes from his career, Klay Thompson is able to life a life of luxury. In his early days, Klay spent a lot of his money on designer clothes, shoes, buying a pool table, and other frivolities. However, these days, he is investing for his future after retirement. He has investments with the residential real estate brokerage firm Sundae as well as with the sports media company Overtime. He is also an investor and ambassador for Dapper Labs, which is currently valued at $7.5B.
Other investments are in the tech-enabled healthcare company – Carbon Health, the fantasy sports – platform Sleeper, and the data-driven recruiting software – Crosschq. Klay has also invested in the health tech company – Turquoise Health, and the Employee Assistance Program (EAP) company – Lyra Health. Recall the Just Live CBD company he co-founded alongside other athletes, it is estimated to have done $5 million in revenue.
Klay is also involved in Philanthropic works. He has his foundation; the Thompson Family Foundation. Founded in 2017, the Thompson Family Foundation hopes to enrich the lives of youth in the U.S. and the Bahamas through fitness and education. Under this foundation, The 941 Project was also established to assist in entry to the workplace for disadvantaged individuals. Klay also partnered with Good Tidings to take children on holiday shopping and once donated $20k for Oakland’s Thanksgiving Dinner.
Aside from investing and charity work, Klay Thompson also spends his money to fulfill his cravings albeit wisely. He owns a $2.2 million three-bedroom home in Dana Point’s Capistrano Beach neighborhood in California. Klay also has a 37-foot fishing boat named “Nordic Knife”. It offers a safe space for him as he confessed in an interview that the water brings him peace. While recovering from his injuries, The NBA star spent time on his boat learning fishing and how to ride it.
Where did Klay Thompson go to College
Klay Thomson attended Washington State University (WSU), where he played his collegiate career with the Cougars men’s basketball team. As a freshman, he started all 33 games for Tony Bennett, the head coach, and averaged 12.5 points per game. He was named to the Pac-10 All-Freshman Team and Collegehoops.net All-Freshman Honorable Mention Team.
In the seasons that followed, Thompson continued to show his strength on the court. He led the Cougars to the Great Alaska Shootout Championship in his sophomore year as he was named its Most Outstanding Player after he scored a tournament single game record of 43 points in its championship. He was also named to the All-Pac-10 First Team after he became the third fastest Cougar to reach 1,000 points.
Thompson finished his sophomore season with an average of 19.6 points. He also finished his third year by setting Washington State University’s single season scoring record with 733 points. He is also the institution’s 3rd all-time leading scorer.
On the 18th of January 2020, Washington State retired Thompson’s jersey, No. 1, making him the second WSU men’s basketball player to be honored this way and the seventh WSU athlete whose number has been retired.
FAQs
What is Klay Thompson’s age?
Klay Thompson is 33 years old as of 2023. He was born on 8 February 1990 in Los Angeles, California, United States.
Where was Klay Thompson’s college?
Klay Thomson attended Washington State University (WSU), where he played his collegiate career with the Cougars men’s basketball team.
How many rings does Klay Thompson have?
Klay Thompson has won four rings so far. He won them in 2015, 2017, 2018 and 2022 and he’s also a five-time All-Star.
What is Klay Thompson’s ethnicity?
Klay Thompson is of mixed ethnicity. He was born in Los Angeles to a Bahamian father, Mychal Thompson, and a white American mother, Julie.
What is Klay Thompson’s nationality?
Klay Thompson is a citizen of America. He was born in Los Angeles on 8 February 1990.
Where does Klay Thompson live?
Klay Thompson lives in Dana Point, a city in Orange County, Southern California.
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