Friday October 31st, 2014

The Golden State Warriors and shooting guard Klay Thompson have agreed to a four-year, maximum contract extension, according to multiple reports.

The deal reportedly projects to be approximately $70 million and does not include any opt-out clauses. 

ESPN's Marc Stein reported that the Kings dangled everyone other than Rudy Gay and DeMarcus Cousins in attempting to trade for Thompson.

Thompson is in his fourth season in the league after being selected in the first round of the 2011 draft. Thompson is considered one of the best shooters at his position, and he and Stephen Curry are viewed as one of the top backcourts in the league.

MAHONEY: Hornets make hard commitment to Kemba Walker despite his flaws

Last season Thompson, 24, averaged 18.4 points, 3.1 rebounds and 2.2 assists while shooting 41.7 percent from three-point range. He helped the Warriors post a 51-31 regular season record and push the Los Angeles Clippers to seven games in the first round of the Western Conference playoffs. 

Midnight on Friday was the deadline for members of the 2011 draft class to reach contract extensions.

Thompson scored 19 points and recorded six assists, two rebounds and two steals in a win over the Sacramento Kings on Wednesday.The Warriors, ranked sixth in's preseason power rankings, are 1-0 this season. Golden State hosts the Los Angeles Lakers on Saturday.

- Chris Johnson

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.