Chet Holmgren has agreed on a five-year contract extension worth nearly $240 million to remain with the NBA champion Oklahoma City Thunder, per multiple reports. ESPN, which first reported the deal, citing agent Bill Duffy, said it could eventually be worth $250 million because of various contract escalators.

Fans Blast OKC Thunder After Big Chet Holmgren Contract Decision originally appeared on Athlon Sports. The reigning champions are keeping the band together. Shortly after signing Shai Gilgeous-Alexander to the largest contract extension in NBA history, Sam Presti and the Oklahoma City Thunder have doubled down on their core.

The Oklahoma City Thunder have reportedly agreed to a rookie max extension with star center Chet Holmgren following the team's victory in the 2025 NBA Finals.