Golden State Warriors guard Klay Thompson agreed to a four-year, $70 million contract extension Friday, according to ESPN.com.
Reports surfaced earlier this week that Thompson was looking for a max deal, which is exactly what he will receive. The Warriors had reportedly increased their offer to Thompson this week but it was not until Friday that they finally reached the $15 million per season mark.
The agreement comes just hours before the league’s deadline for fourth-year players, as Thompson would have become a restricted free agent after the season if he did not agree to a new deal.
He is coming off a career-season in which he averaged 18.4 points, 3.1 rebounds and 2.2 assists per game while hitting 223 three-pointers, trailing only teammate guard Stephen Curry, who had 261, for the NBA lead.
Thompson was the subject of trade rumors surrounding Kevin Love this past summer.