Klay Thompson Net Worth 2020, Salary & Endorsements

Klay Thompson Net Worth, Salary, Contract, Endorsements

Klay Thompson net worth, salary, and sources of wealth analysed.

Net Worth:$34 Million
Salary:$33 Million
Date of Birth:February 8, 1990
Age:30 years old
Nationality:American
Source of Wealth:Professional Basketball Player
Last Update:2020

Overview

Klay Thompson is a basketball player from America who plays in the NBA for the Golden State Warriors. A staunch attacker, Thompson had been one of the top players in the Warriors squad who has helped the team achieve significant victories in recent years, namely their three NBA championship successes. In the league, few players match Thompson in the shooting. On several occasions in games in the league, Thompson has successively delivered clean shoots which have found its way into the hoop with such accuracy that the crowd cheers on with wild excitement.

His style of play which favours the clean-cut offensive tactics, where the ball is delivered to him when he can effortlessly deliver his signature accurate shoots has made him one of the greatest shooters not just currently in the NBA, but in the history of the game. Aside from his preference for offence, Thompson is also an incredible defender. Though he doesn’t block shots and make amazing steals, the star has made use of his size in guarding top shooters. Despite his top defensive skills, which matches his offensive abilities, Thompson is widely known for his shooting skills

With an emphasis on Klay Thompson’s wealth, we briefly summarise his early life, career, salary, endorsements, luxury lifestyle, and lessons to learn from his wealth and rise to fame.

Early Life

Klay Thompson was born into a family where sports were not a strange phenomenon. His parents were top athletes of their generation. His father, Mychal Thompson played in the NBA. He was the top pick in the 1978 NBA Draft and went on to play for three NBA franchises. His father’s time in the NBA, saw him win two NBA Championships. Just like his father, Thompson’s mother was a great athlete but at the college level. She played volleyball for the University of San Francisco and the University of Portland. Coming from a family with deep roots such as this in sports, Thompson inherited the love for sports, precisely basketball from his father.

As young as the age of two, Thompson had been playing basketball. He played basketball in the Oregon Little League. At Santa Margarita Catholic High School in California, Thompson played basketball. Thompson played incredibly well while in high school. In his senior year, he led his team to the Division III State Championship where he was named the tournament’s Player of the year, as well as League MVP. Coming out of high school, Thompson was regarded as a four-star prospect by Scouts.com, Rivals.com, and 247sports.com.

Career Summary, Contracts & Accomplishments

Klay Thompson committed to Washington State University and played just three seasons of college basketball where he earned laurels such as the Great Alaska Shootout Championship, Most Outstanding Player, which the Washington Cougars won in his second year. In 2011, Klay Thompson entered the NBA Draft and was selected by the Golden State Warriors as the 11th overall pick. In December 2011, Thompson signed a two-year deal worth $4.35 million with the Warriors.

Thompson had a good first year in the NBA but did not make the top cut for Rookie of the Year award. In his second season in the league, Thompson forged a very productive partnership with a teammate, Stephen Curry. The two registered a combined three-pointer of 483, the highest in NBA history as at then. In his third season in the NBA, Thompson still riding high in his partnership with Curry set another record for combined three-pointers with 484.

As Thompson entered his fourth season in the league, the 2014/15 season, he penned a four-year deal worth $69 million with the Warriors. That deal did well in motivating Thompson who came out in an amazing form as the Warriors won their first NBA Championship in 40 years. Thompson also earned his first All-star selection. Thompson proved very instrumental for the Warriors as they set out to defend their title in the 2016 season. He helped the team record their 70th win in a season, the second team to achieve the feat. Despite making it to the Finals, Thompson’s performance could not help the Warriors defend their Championship.

Klay Thompson vs. Jared Dudley
Golden State Warriors’ Klay Thompson vs. Washington Wizard’s Jared Dudley. Photo: Keith Allison from Hanover, MD, USA / CC BY-SA

In the 2017 and 2018 seasons, Thompson’s performance was incredible as the Warriors won successive Championships. The Warriors made it to the 2019 NBA Championship, but the Raptors delivered a shocking defeat to Thompson and his side. His performance during the past seasons was rewarded with a $189.9 million five-year deal with the Warriors in July 2019.

Career Highlights

Below are some of the interesting Klay Thompson’s career highlights.

  • 5× NBA All-Star (2015–2019)
  • 2× All-NBA Third Team (2015, 2016)
  • NBA All-Defensive Second Team (2019)
  • NBA Three-Point Contest champion (2016)
  • NBA All-Rookie First Team (2012)
  • 2× First-team All-Pac-10 (2010, 2011)
  • No. 1 retired by Washington State Cougars

Klay Thompson Net Worth in 2020

Klay Thompson’s net worth is estimated at $34 million as of 2020. For a player who has spent close to 10 years in the NBA, and has continually provided top performances, Thompson’s worth is on the low side. The star who currently ranks as one of the highest-paid stars in the league could see his fortune take a major leap in the forthcoming years as he signed more lucrative deals.

In 2019, he signed a supermax contract just like that of Stephen Curry worth approximately $190 million for the duration of five years. This contract will certainly have a huge impact on Thompson’s fortune. It is estimated that his net worth could hit about $50 million prior to the end of his five-year deal with the Warriors. With more earnings from endorsement packages as well as other future business endeavours that he may establish ahead of life after the NBA, Thompson’s wealth will definitely increase. 

Klay Thompson Salary in 2020

In the 2020 season, Klay Thompson will receive $32,742,000, a 72% increase compared to his previous salary. Klay Thompson’s salary currently ranks as the second-best in the Warriors squad and the 11th best in the league.

Klay Thompson Endorsements in 2020

Klay Thompson’s endorsement portfolio which adds significantly to his salary is one of the richest in the league. The star has endorsement and sponsorship deals with Kaiser Permanente, Activision Blizzard, Tissot, Fanatics, and Anta Sports Products.

Klay Thompson Luxury Lifestyle

Klay Thompson’s current worth is evidence of his years of hard work and thanks to that, he can afford to live a luxurious lifestyle.

House

In 2015, Klay Thompson bought a home in Dana Point for $2.2 million. The house which has three bedrooms, and three and a half bathrooms, covers 12,000 square feet. Other facilities in the house are two guestrooms, a bar, a spa, a lounge, a recording room, as well as a swimming pool. His mansion is Spanish styled and a single storey building.

Cars Collection

Klay Thompson’s car collections include a BMW i8, a Chevrolet Camaro, a Range Rover, and a Mercedes-Benz. 

Lessons from Klay Thompson’s Wealth, Success & Fame

Now that you know the interesting story about Klay Thompson’s rise to fame, his wealth, and how he became famous, here are incredible lessons to learn from the NBA star.

1. Create a name for yourself

Despite the fact that Thompson’s father was one of the best NBA players of his time, he didn’t rely on his father’s name in the league, rather Thompson made a name for himself as a result of his basketball prowess. 

2. Model your game around your abilities

Thompson had revealed in interviews that he isn’t the fastest player or best vertical athlete, but he modelled his game around his low centre of gravity which has helped him become one of the best shooting guards in the league. He has succeeded at that because he has shaped his game around his ability.

Summary

As of 2020, Klay Thompson’s net worth is valued at $34 Million. The source of his wealth is majorly from his profession as a basketball player. Klay Thompson’s salary as of 2020 is valued at $33 million per year.

Conclusion

Aspiring athletes, especially those whose parents happened to be renowned athletes should try to make a name for themselves and not necessarily live in the shadow of their parents’ stardom.

Finally, what are your thoughts on Klay Thompson net worth? Feel free to share with us in the comments section below.

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