How much is Chet Holmgren's contract extension worth?
The contract extension could reach $250 million over five years.
Basketball / NBA
Oklahoma City Thunder star Chet Holmgren has agreed to a fully guaranteed five-year maximum rookie contract extension that could reach $250 million. This move solidifies the Thunder's commitment to their young core after winning the 2025 NB...
Chet Holmgren, the No. 2 overall pick in the 2022 NBA Draft, has quickly become an integral part of the Oklahoma City Thunder. Despite missing his entire rookie season due to a foot injury, Holmgren showcased his potential in the 2023-24 season, finishing second in Rookie of the Year voting.
In the 2024-25 season, Holmgren averaged 15 points, eight rebounds, and 2.2 blocks per game, shooting 37.9% from three-point range. His defensive impact was particularly notable, contesting a league-high percentage of opponents' shots and leading the NBA in field goal percentage allowed on layups and dunks.
The Thunder's ability to build a championship-caliber team through the draft and strategic player development has been evident. With Holmgren and Gilgeous-Alexander locked in, the Thunder are well-positioned to compete for championships for the foreseeable future.
The contract extension could reach $250 million over five years.
Holmgren averaged 15.2 points, 8.7 rebounds, and 1.9 blocks per game in 23 playoff starts and led all players in plus-minus during the 2025 postseason.
Shai Gilgeous-Alexander has also signed a four-year, $285 million contract extension through the 2030-31 season.
What do you think about Chet Holmgren's extension and the Thunder's future? Let us know in the comments below!
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