Overview

• Chet Holmgren agreed to a five-year rookie-scale extension that guarantees $239 million and features performance escalators up to $250 million.
• The fully guaranteed deal ties the 23-year-old center to the Thunder through the 2030-31 season without player or team options.
• Holmgren returned from a midseason pelvic fracture and hip injury to start all 23 postseason games and help Oklahoma City win its first NBA championship.
• The extension follows Shai Gilgeous-Alexander’s four-year, $285.4 million supermax pact signed on July 1.
• With Holmgren and Gilgeous-Alexander locked in, the Thunder will now focus on securing a rookie extension for All-NBA forward Jalen Williams.