Klay Thompson has joined previous season runners-up Dallas Mavericks on a three-year, $50 million deal, ESPN reported on Monday. Thompson spent 13 years with the Golden State Warriors and four NBA championships with the Dubs.

Thompson, 34, averaged 17.9 points in the last edition, his lowest since 2012-13 but he will be determined to prove his mettle for the Mavericks and clinch his fifth NBA ring.

As part of the deal, the Mavericks will need to send their guard/forward Josh Green to the Charlotte Hornets and two second-round picks to the Warriors.

GSW revealed they will be retiring Klay Thompson’s number 11 jersey and gave their gratitude to Thompson for playing a key role in the team’s success over the years.

“The amount of joy and happiness that Klay provided Warriors fans, Bay Area natives and Dub Nation supporters all around the world has been immense and cannot be minimized,” the statement read. “His penchant for delivering in pressurized situations on the biggest stage, including many Game 6 heroics, has helped define a career.

“Klay’s legacy will live on forever and we look forward to the day we can retire his #11 jersey at Chase Center where he will join a host of Warriors immortals, including those who helped shape this recent dynasty — himself included.

“We thank Klay for his contributions and wish him the best as another chapter in his journey is written.”

Meanwhile, Thompson made a potent trio with Stephen Curry and Draymond Green, registering 518 wins in the regular season and playoffs. 

On the other hand, it has been reported by ESPN’s Adrian Wojnarowski that Boston Celtics star Jayson Tatum has agreed on a five-year, $314 million extension, which is the largest contract in NBA history.