Klay Thompson and the Dallas Mavericks have agreed to a buyout, clearing the way for the veteran guard to pursue an expected move to the Miami Heat. CBS Sports reported that the Miami deal is projected to be a two-year contract worth $13 million with a player option in the second season.

The buyout concerns the final year of Thompson’s Dallas contract, which was reported to be worth $17.5 million. The agreement allows him to leave the Mavericks before that final season while the next step proceeds through the NBA waiver process.

Reports identify Miami as Thompson’s preferred destination. The Heat already have established scorers and ball handlers, and the coverage describes Thompson’s perimeter shooting as the skill Miami expects to add around its core.

The reported Heat contract remains an expected outcome until the waiver and signing steps are complete. Yahoo Sports, citing the same developing transaction, said Thompson was expected to join Miami after the buyout and waiver process rather than describing the move as already finalized.

Thompson spent his first 13 NBA seasons with Golden State before moving to Dallas. The anticipated Miami move would therefore create a third team for the five-time All-Star and four-time champion.

The immediate confirmed development is the Mavericks buyout. The next formal transaction will determine the exact Heat contract and roster status. Until then, the Klay Thompson Heat report should be read as an expected move following the Dallas agreement, not as a completed season-opening roster announcement.