FUTURE SECURED! The Thunder have locked in Chet Holmgren with a massive 5-year, $250 million contract extension. What’s next for this talented duo with Shai Gilgeous-Alexander? #ChetHolmgren #ThunderNation #NBA”

ESPN: Thunder and center Chet Holmgren agree to contract extension that could reach $250 million

Thunder, Chet Holmgren Agree to Massive Rookie Extension Worth Up to $250 Million

Oklahoma City is making its intentions clear: the Thunder are building a dynasty.

According to ESPN’s Shams Charania, the Oklahoma City Thunder and rising star center Chet Holmgren have reached an agreement on a fully guaranteed five-year rookie maximum extension that could be worth as much as $250 million. This move signals the franchise’s commitment to keeping its young core together for years to come.

Thunder, Center Chet Holmgren agree to five-year extension that could reach $250 million - Yahoo Sports

Holmgren, despite missing three months of the 2024-25 season due to a pelvic fracture, made a huge impact in his rookie campaign. He averaged 15 points, 8 rebounds, 2 assists, and 2.2 blocks per game during the regular season. When the playoffs arrived, Holmgren elevated his game, posting 15.2 points, 8.7 rebounds, 1 assist, and 1.9 blocks per contest, helping the Thunder capture their first-ever NBA championship.

This extension comes on the heels of Oklahoma City locking in NBA MVP Shai Gilgeous-Alexander with a supermax deal. With Gilgeous-Alexander set as the face of the franchise—and soon to appear on the cover of NBA 2K26—the Thunder are now turning their attention to securing All-NBA standout Jalen Williams as the next piece of their championship puzzle.

With a young, talented roster and a front office determined to keep its stars in Oklahoma City, the Thunder are poised to remain at the top of the NBA for years to come.