 Thompson served a stint as general manager and head coach of the San Diego Wildfire in the American Basketball Association in the 2000–01 season, which would be the only season of the Wildfire's existence.Currently, he is co-owner of Prime Time Motors, an automobile sales firm in California.On May 30, 2008, Thompson accepted an offer from Larry Brown (for whom he played during his stints with Indiana Pacers) and the Charlotte Bobcats to become an assistant coach where he worked until Larry Brown parted ways with the Bobcats after the team started the season 9-19 on December 22, 2010.