According to Marcus Thompson II of The Athletic, the maximum extension Thompson can sign with the Warriors when taking his $18.9 million salary next season into account is a five-year deal worth $121 million.
If Thompson plays out his contract and signs a new deal with the Dubs after the 2018-19 season, he can make $188 million over five years.
Hitting the open market would allow Thompson to sign for a maximum of $139 million over four years.
The report noted that Thompson wants to remain with the Warriors despite interest from the Philadelphia 76ers and the fact that he could potentially make more elsewhere.
The two-time NBA champion is reportedly considering a four-year extension worth $92 million, which would result in him leaving roughly $50 million on the table.
The 28-year-old loves it in the Bay Area and doesn't want a long negotiation process, according to the report, which is why he may be willing to take significantly less money than he is worth.
In an interview with Bleacher Report's Ric Bucher this week, Thompson said the following about his desire to remain with the Warriors:
"I was part of building this culture. It wouldn't be leaving everything I worked for behind, but it would be a whole new start. I was one of the pioneers of this. I'm one of the longest-tenured players here besides Steph, so I'm very prideful of the turnaround the Warriors have made. Just because I'm not the face of the franchise doesn't mean I'm not recognized for it. Real fans and the people in the organization and my peers around the league, they see the work I've put in and realize I've been a huge component to the success here for the last five, six, seven years, so I have an identity here. It would be hard for me to envision going anywhere else."
Thompson averaged 20.0 points, 3.8 rebounds and 2.5 assists per game during the regular season, and he set career bests by shooting 48.8 percent from the field and 44.0 percent from three-point range.
Although Thompson could make more money and have a greater role on almost any other team, he is a key cog for Golden State and a big reason for its success over the past several seasons.
Someone has to sacrifice in order to keep superstar-laden teams together over the long haul, and Friday's report suggests Thompson will be that guy for the Warriors.