Facts of Klay Thompson
How Much Is Klay Thompson’s Net Worth?
Klay Thompson, an American professional NBA player currently plays as shooting guard for the Golden State Warriors (GSW), earning a decent sum of money. The 5 times NBA All-Star, Thompson has played 8 seasons with the Warriors and has amassed jaw-dropping multi-million contracts alongside fame.
Meanwhile, as of 2019, Klay is estimated to have a net worth of $38 million including lavish mansions and car collection.
In October 2014, the American basketballer had signed a 4-year contract extension worth $69 million with the Warriors and is expected to sign another multi-million deal before he becomes an unrestricted free agent in July 2019.
Klay Thompson’s Net Worth: Income Source & Earnings
Professional since 2011, Thompson is the Round 1, 11th overall pick of the Golden State Warriors in the 2011 NBA Draft. After signing his first contract with Warriors worth $4.35 million for 2 years, the American basketballer’s convincing gameplay proved to be million dollars generator.
According to Celebrity Net Worth, Klay Thompson has a net worth of $38 million as of May 2019. Back in 2017/2018, The Richest reported his fortune to be $22 million.
Surely, the main source of his income is his NBA career of 8 seasons and whopping contracts. But also, the 3-time NBA Champion makes a notable sum with his endorsement deals as well.
Till date, Thompson has played the only team Golden State Warriors, and with a total of 8 Seasons, he has made total NBA career earnings of $78.3 million.
Various online sources reported that after Klay Thompson’s 4-year deal of 2014 with Golden State Warriors comes to an end, the NBA player will become an unrestricted free agent by the July of 2019.
Even though the rumors of Thompson’s contract extension with the Warriors was rising up in the early 2019 season, no deals were struck.
Well, if signed, the reported deal for 4 seasons would have earned him over $102 million starting in 2019-20.
Contract Signed & Salary
After being picked up in the 2011 NBA Draft by Golden State Warriors, Klay Thompson signed a 2-year deal worth $4.35 million on December 13, 2011.
Later on October 25, 2012, he was given a $2.32 million option for the 2013-2014 season. Following a year, on October 25, 2013, the basketballer made another option exercise of $3.08 million for the 2014-2015 season.
Well, Klay Thompson’s career-high deal of $69 million for 4 years was signed on October 31, 2014. The contract earned him an average annual salary of $17.24 million (or $17,244,863 to be exact).
Here is the list of Thompson’s salary from Golden State Warriors:
Total Career Earnings: $78,306,999
Endorsement Deals & Instagram Revenue
With massive fame, Klay Thompson has lured many endorsement deals and sponsorships. As reported, Thompson has endorsements with BodyArmor, Anta Sports Products, BMW Group, Electronic Arts and Fanatics.
Among all, his deal with Anta, Chinese wear, seems to be the richest one. Well, the NBA star first signed with Anta in February 2015 earnings $3 million annually.
Then, Thompson improvised his contract with Anta on June 30, 2017, worth $80 million for 10 years; it earns him $8 million per year. Well, as per The Richest, in total, Klay Thompson makes $13 million every year from endorsements only.
As per Influencer Marketing Hub, the Golden State Warriors’ shooting guard has a potential of $12,245 - $20,409 per sponsored post on Instagram. Currently, Thompson has over 6.1 million followers on his Instagram.
Asset, Lifestyle & Expenses
Currently, Klay Thompson lives in his house in Dana Point, California, which he bought in January 2015 for $2.2 million. Well, the property spread on 2,400 sq. ft. features a pool and spa, two guesthouses, and a patio with ocean views, as well as 3 bedrooms and 3.5 bathrooms.
The median house in Dana Point is around $900,000 which is accompanied by $1,000 as house insurance premium. Such is the case of Thompson’s property insurance.
Also, the American NBA player has a collection of luxurious cars such as Mercedes, Range Rover, Aston Martin, and many more. However, for the details on the model and exact value of his assets is not out.
Surely, owning such a massive fortune, Klay Thompson lives a lavish lifestyle and makes expenses on daily life luxury, costly clothing and food beverages. Also, he has liability to tax payments.
Tax Payments: Property & Income Tax
Well, as the house owner in Dana Point, CA, Thompson has to pay 0.715% of the house’s market value as property tax. So, for the estimated $2.5 million of the property, he will have to pay $17,875.
On the other hand, as per Smartasset.com, the NBA star will have to encounter a heavy income tax of $5.2 million upon his annual revenue of $10 million.
Expenses on Fines
Probably many of us are familiar with the NBA’s rule of fine payments & suspension on nasty fouls, and Klay Thompson couldn’t stay fine-free.
Till date, the total amount of penalty paid by Thompson is reported to be $55,000.
Well, the most expensive fine of the NBA star was involved in an escalating incident between David Lee and Roy Hibbert during GSW vs. IND (Pacers) on February 27, 2013. It cost him $35,000.
List of fouls and fines by Thompson: (All fouls are Technical Fouls)
|November 6, 2013||GSW vs. Min|
$20,000 (each foul charged $2,000 as fine)
|December 9, 2013||GSW vs. CHA|
|November 11, 2014||SAS vs. GSW|
|June 3, 2016||POR vs. GSW|
|January 25, 2017||GSW vs. CHA|
|December 20, 2017||MEM vs. GSW|
|April 14, 2018||SAS vs. GSW|
|November 10, 2018||BKN vs. GSW|
|December 12, 2018||DAL vs. GSW|
|February 13, 2019||GSW vs. POR|
Charity Works & Donation
Alongside being famed as a proficient basketballer, Klay Thompson is also known for his righteous heart. He has been involved in many charitable works and has an association with WE G.I.V.E., Thompson Family Foundation, and many others.
Back in October 2017, Thompson launched his Points With Purpose campaign, pledging to support the October 2017 Northern California wildfires victim and its relief fund.
The campaign aimed to donated $1,000 for every point Klay Thompson scored in home games against the Washington Wizards, Toronto Raptors, and Detroit Pistons, making it up to $75,000.
Later, with additional sponsorship, the campaign was able to raise $360,374.
Klay Thompson’s Personal Life: Age, Family, Education & Relationship
Born on February 8, 1990, in Los Angeles, California, Klay Thompson's birth name is Klay Alexander Thompson. He is the son of former NBA player Mychal Thompson and mother Julie Leslie, a then-college volleyball player for the University of Portland and the University of San Francisco.
When Thompson was 2 years old, he along with brothers: Trayce Thompson, an MLB player and Mychel Thompson, an NBA player, moved to Lake Oswego, Oregon.
The graduated of Santa Margarita Catholic high school, Klay enrolled at Washington State University from 2008 to 2011.
Klay Thompson holds American nationality and is of black ethnicity. As of May 2019, his age is 29 and has a height of 6 ft. 7 inches.
Meanwhile, Klay is not a married man but is allegedly dating actress Eiza González since early 2019.
Previously, Thompson’s famous affair was with his then-girlfriend Hannah Stocking. The duo started dating in 2014, however, broke up in 2015 after the NBA star was accused of cheating.
Other than that, Klay Thompson has been in relationships with Laura Tiffany Suarez (2015) and Laura Harrier (2018 - 2019).