Chet Holmgren Secures Thrilling Long-Term Deal with Oklahoma City Thunder
The Oklahoma City Thunder have taken a significant step towards solidifying their future by signing Chet Holmgren to a lucrative deal. In July 2025, they announced a five-year rookie contract extension for Holmgren worth up to $250 million. This contract not only secures his position on the team but also signals the Thunder’s ambitions for a championship-ready roster.
Chet Holmgren’s Contract Details
Holmgren’s new deal with the Thunder guarantees him a pivotal role alongside Shai Gilgeous-Alexander for the 2030–31 NBA season. This substantial contract reflects the team’s confidence in Holmgren as a cornerstone for future success, overcoming previous injury setbacks.
- Contract Value: Up to $250 million
- Duration: Five years
- Initial Salary: $13.7 million for the last year of his rookie contract
- Future Salary: Approximately $41 million for the 2026–2027 season
Championship Contributions
During the recent playoffs, Holmgren made a formidable impact, averaging 15.2 points and 8.7 rebounds across 23 games. His performance was instrumental in the Thunder’s thrilling seven-game series victory over Indiana in the NBA Finals.
Performance Stats
| Category | Average |
|---|---|
| Points | 15.2 |
| Rebounds | 8.7 |
| Assists | 2.0 |
| Blocks | 2.2 |
| Field Goal Percentage | 49% |
| Three-Point Percentage | 37.9% |
The Thunder’s Vision
This contract extension is part of a broader strategy by the Oklahoma City Thunder to maintain their youthful core. Jalen Williams, another crucial player from the championship team, has also received an extension to secure his future with the franchise.
Holmgren, who was the second overall pick in the 2022 NBA Draft, faced a challenging start to his career due to a foot injury. After a successful return, he helped lead the Thunder to a playoff appearance in 2023-2024 and showcased his talent during the championship run in 2025.
This exciting development in Chet Holmgren’s career exemplifies the Thunder’s commitment to building a long-term contender in the NBA.
