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The Thunder sign Chet Holmgren to a 5-year max extension worth up to $250M after their NBA title. Explore stats, contract details, and OKC’s bright future.
Thunder Secure Holmgren’s Future After NBA Title
The Oklahoma City Thunder are keeping the championship core together. After capturing their first NBA title in franchise history, the Thunder have signed rising star Chet Holmgren to a five-year maximum contract extension, potentially worth $250 million with incentives.
Contract Breakdown
- Years: 5 (extension kicks in 2025–26 through 2029–30)
- Base Value: Approx. $224 million
- Potential Total: Up to $250 million (with All-NBA, All-Defense, or MVP incentives)
- Average Annual Value: $44–50 million per year
Holmgren’s 2024–25 Season at a Glance
| Stat | Value |
|---|---|
| Points Per Game (PPG) | 17.2 |
| Rebounds Per Game (RPG) | 9.4 |
| Blocks Per Game (BPG) | 2.7 (Top 5 NBA) |
| Field Goal Percentage | 51.8% |
| 3PT Percentage | 38.1% |
| Double-Doubles | 34 |
| Playoff Averages (2025) | 18.5 PPG, 10.1 RPG, 2.9 BPG |
Rookie to Champion: Holmgren’s Rapid Rise
Drafted second overall in 2022, Holmgren missed his first NBA season due to injury but rebounded in 2023–24 to finish second in Rookie of the Year voting. By his second year, he became one of the NBA’s premier defenders, helping the Thunder to a league-best 61–21 record and anchoring the paint during their championship run.
Historic Title Run
- Thunder 2024–25 Record: 61–21 (No. 1 in West)
- Playoff Record: 16–7
- Finals MVP: Shai Gilgeous-Alexander
- Holmgren Finals Stats: 15.8 PPG, 9.6 RPG, 3.1 BPG (vs. Celtics)
- First NBA Title: In franchise history
Building a Dynasty in Oklahoma City
With Holmgren, Shai Gilgeous-Alexander, Jalen Williams, and Josh Giddey all signed long-term, the Thunder are set for years of title contention. Their young core’s average age is just 23, making them the youngest NBA champions since the 1977 Portland Trail Blazers.
OKC also holds several future first-round picks, giving them flexibility to add more talent or swing big trades.
Quotes & Reactions
Holmgren said after signing:
“Oklahoma City is home. I want to help bring more championships here. This is just the beginning.”
Thunder GM Sam Presti added:
“Chet’s development, work ethic, and presence on both ends of the floor make him a franchise cornerstone. We’re thrilled he’s part of our future.”
What’s Next for OKC?
The Thunder look to defend their title in 2025–26 with their young, hungry core and a coach-of-the-year finalist in Mark Daigneault. With Holmgren locked in, OKC aims to build a true NBA dynasty.
