NBA Free Agency: No extension "could prove costly" for Golden State Warriors' veteran

Golden State Warriors' shooting-guard Klay Thompson in action against the Denver Nuggets
Golden State Warriors' shooting-guard Klay Thompson in action against the Denver Nuggets / Matthew Stockman/GettyImages

Veteran guard Klay Thompson and the Golden State Warriors have yet to come to terms on a contract extension, with the 33-year-old in the midst of a rough period to start the season.

Thompson is currently averaging 13.8 points on 40.1% shooting from the floor and 32.9% from three-point range. Things have hit a new low this week, having been ejected within the first two minutes of Tuesday's loss to the Minnesota Timberwolves after a scuffle with Jaden McDaniels. Thompson was unable to bounceback against the Oklahoma City Thunder on Thursday, scoring just five points on 1-10 shooting in the 128-109 defeat.

Could Golden State Warriors' shooting-guard Klay Thompson come to regret not already signing a contract extension with the franchise?

Thompson's free agency stock is currently down, at least according to Hoops Hype's Fran Urbina. While others like Philadelphia 76ers forward Tobias Harris are increasing their value, Thompson's is falling as question marks continue to percolate on his ability to get back anywhere near his best.

""There was some talk of a potential extension between the Golden State Warriors and Klay Thompson this offseason, but one never came to fruition. That could prove costly for the historically great three-point shooter, as Thompson has gotten off to a slow start this season," Urbina wrote."

Thompson is currently making $43.2 million on the final year of his contract -- how much of a discount he'll have to take from that is the issue between player and franchise right now. Before the season, a deal around Draymond Green's four-year, $100 million contract was the projected expectation.

Now, with a disappointing start to the season in place, Thompson may struggle to lift his value back towards that mark. Could a four-year, $80 million deal beyond the cards? Even less? Thompson is playing for significant money just as much as he is trying to add to his hall-of-fame legacy.

As Urbina also points out, Thompson is no stranger to slow starts. He averaged 12.3 points on 34.6% shooting from the floor in the first six games of last season, before finishing as a 21.9 point per game scorer on 41.2% shooting from three-point range.

The Warriors will have some decisions to make as they seek to navigate the NBA's new second-tax apron. Veteran point-guard Chris Paul has a non-guaranteed $30 million deal for next season.