About Boardroom

Boardroom is a media network that covers the business of sports, entertainment. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know...

At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know.

All Rights Reserved. 2022.

Klay Thompson: Back to Business

The three-time NBA champ finally returns to the court for the Warriors after two major injuries — but even as he sat out, the Klay brand never slept.

Thirty-one months.

That’s how long it has been since Klay Thompson has suited up for a Golden State Warriors game. In September 2021, snaps came out of the five-time All-Star fully dressed, taking shots after a Dubs preseason practice — but there’s something different about breaking out a crisp game jersey at long last.

Thompson’s story is well known. The sharpshooter missed the entire 2019-20 season with a torn left ACL incurred amidst some gutsy play in Game 6 of the 2019 NBA Finals against Toronto. His return to the hardwood was derailed when he ruptured his right Achilles during his rehab campaign just before the start of the 2020-2021 season.

Tonight, all of the practice, all of the reps, and all of the rehab culminate in his triumphant return against one of the biggest surprises of the 2021-22 NBA season, the Cleveland Cavaliers (a team he happened to have faced in the NBA Finals four straight times).

In the meantime, Klay has kept himself busy. He’s one of the Bay’s most notorious sea captains, and has amassed a substantial portfolio of business ventures that resonate to the far corners of the globe.

Sign up for our newsletter

Get on our list for weekly sports business, industry trends, interviews, and more.

The Warrior at Work

Age: 31
Height: 6-foot-6
2011 Draft Position: Round 1, 11th Overall
Team: Golden State Warriors

Career Earnings: $182,344,704 (includes 2021-22 season)
Current Contract: 5 years, $190 million (signed in July 2019)
2021-22 Salary: $37,980,720
Key endorsements: Anta, Bevel, Boss, NERF, UberEats, Waiakea Water

Twitter followers: 1.5 million
Instagram followers10.8 million

Throughout his career, Thompson has partnered with a wide range of brands and businesses. Forbes estimates his endorsements to be worth $16 million annually and across the board, Thompson integrates his signature personality, adding a dash of fun to his business matters.

During the 2014-15 season, Thompson made waves in the sneaker world when he left Nike to join Chinese sneaker company Anta. After the inaugural deal, he signed a 10-year extension in 2017, which is reported to be worth $80 million before bonuses, making it one of the richest sneaker deals in the league.

His famous promotional tours to China launched the #ChinaKlay hashtag, which went on to become a true viral sensation that’s part truth, part legend.

More recently, he leveraged three of his favorite things – boats, basketball, and burgers – at once with the “Klay Trey” deal in partnership with Uber Eats.

Photo courtesy of Uber Eats

Klay the Investor

During his time on the sidelines, Klay has upped his business portfolio. In an interview with the Uninterrupted, Thompson discussed his investing journey, saying that being in the thick of Silicon Valley inspired him to get more involved with start-up investing.

And part of the learning curve includes figuring out which businesses are the right place to put your cash.

Thompson acknowledges that understanding the world of investing has been its own journey for him. As a younger player, he was distracted by the shiny opportunities that came with quick endorsements. The checks eclipsed intentionality. However, as he’s gotten deeper into it, he has come to value the importance of curating a portfolio that he believes in and ensuring that his partnerships can be beneficial to him in both the shorter and longer terms.

But for Thompson, basketball comes first, even as it relates to his investments. He’s invested in a number of endeavors, many of which reside at the intersections of sports, wellness, and technology. He cites the NBAPA as a key resource for helping him vet opportunities. In the last two years, he’s made some big bets including participating in funding rounds for the following companies:

Additionally, he co-founded Just Live CBD with USWNT star Alex Morgan, X Games champ Travis Pastrana, and skateboarder Paul Rodriguez. The company makes a wide range of cannabis products for sleep, stress, recovery, and relief that are developed by the athletes in partnership with industry experts. Klay credits the CBD-based line with helping him in his own path to recovery.

And Thompson used his time off the court to chalk up one more first — his silver screen debut. He was featured alongside LeBron James in 2021’s Space Jam: A New Legacy.

While the Dubs have mounted considerable success over the last two-and-a-half seasons, there was a piece of the puzzle that was perceptibly missing. Starting tonight, No. 11 will lace up for the first time ever for a home game at the Chase Center.

And it’s safe to say Dub Nation is thrilled to have him — and all he represents — back in the rotation.

Sign up for our newsletter

Get on our list for weekly sports business, industry trends, interviews, and more.

About The Author
Bernadette Doykos
Bernadette Doykos
Bernadette Doykos is the Senior Director of Editorial Strategy at Boardroom. Before joining the team, her work appeared in ELLE. She previously served as the head of evaluation for a nonprofit where she became obsessed with systems and strategy and served as the curator of vibes and extinguisher of fires for the design thinking firm Stoked. She is constantly plotting a perfect tunnel ‘fit and a playlist for all occasions.