The former Oklahoma Sooners quarterback will transfer to the Pac-12 school after he graduates in May. Thompson decided to transfer after Trevor Knight emerged as the favorite to start for the Sooners in 2014 after his MVP performance in the Sugar Bowl.
Thompson should be eligible to play immediately for the Utes.
Thompson, son of former OU quarterback Charles Thompson, suffered a fractured foot prior to the 2013 season and finishes his OU career with 64 passing yards, one touchdown and one interception in two games.
The Utes finished ninth in the Pac-12 in passing yards (236.25 per game) and 10th in points scored (29.2 per game) last season. Sophomores Travis Wilson and Adam Schulz split time at quarterback in 2013.