Klay Thompson signs with Heat after buyout

Klay Thompson has officially signed with the Miami Heat after agreeing to a buyout with the Dallas Mavericks.

The veteran 3-point specialist cleared NBA waivers at Sunday's 5 p.m. deadline and finalized a two-year, $11.5 million contract with Miami.

Thompson is the latest mid-30s former All-Star to join the Heat.

The move adds significant shooting depth to Miami's roster.