How long is Chet Holmgren's new contract with the Oklahoma City Thunder?

Chet Holmgren signed a five-year contract extension with the Oklahoma City Thunder.

What is the total value of Chet Holmgren's contract extension?

Chet Holmgren's contract extension is worth up to $250 million over five years.

Who else has the Oklahoma City Thunder extended contracts with?

The Thunder have also extended contracts with Shai Gilgeous-Alexander and Jalen Williams.

Home / Sports / Chet Holmgren Signs $250M Deal, Thunder Lock Down Future

Chet Holmgren Signs $250M Deal, Thunder Lock Down Future

11 Dec

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Summary

Chet Holmgren received a five-year, $250 million extension from the Oklahoma City Thunder.
The deal secures the young core alongside Gilgeous-Alexander and Jalen Williams after their championship win.
Holmgren's contract is fully guaranteed, reflecting his crucial contributions and potential.

Chet Holmgren Signs $250M Deal, Thunder Lock Down Future

The Oklahoma City Thunder have made a significant move to secure their future by signing Chet Holmgren to a five-year, $250 million contract extension. This substantial deal, announced in July 2025, underscores Holmgren's importance to the team and solidifies the young core that recently clinched an NBA championship. The contract's full guarantee reflects his crucial contributions during the playoff run and his vast potential.

This extension ensures Holmgren will remain a cornerstone alongside star guard Shai Gilgeous-Alexander and emerging talent Jalen Williams for years to come. Holmgren, a four-year veteran, now qualifies for a deal that could reach 25% of the salary cap with annual raises. His performance, averaging 15.2 points, 8.7 rebounds, and significant defensive contributions during the postseason, was instrumental in their championship success.