Oklahoma City Thunder star Chet Holmgren has officially signed a fully guaranteed five-year maximum rookie contract extension, valued at up to $250 million, according to his agent Bill Duffy of WME Basketball, as reported by ESPN. This significant deal comes after Holmgren’s remarkable return from injury, which saw him help lead the Thunder to an NBA championship this past season.
Holmgren, who missed a portion of the previous season, made his comeback in February and quickly proved his worth. His performance not only solidified his status as a key player for the franchise but also contributed significantly to the Thunder’s success, showcasing the potential of the team’s young core.
With Holmgren’s contract now secured, the Thunder are shifting their focus to All-NBA superstar Jalen Williams, who is currently in discussions regarding his own rookie extension. Williams has gained considerable momentum in these talks, further highlighting the Thunder’s commitment to retaining their emerging talent.
The excitement surrounding the Thunder extends beyond contract negotiations. Holmgren recently returned to his hometown to host a basketball camp for 125 children at the Minnehaha Academy Gym, where his #34 jersey was retired in January 2024. Reflecting on his championship victory, Holmgren expressed the unmatched feeling of winning the NBA Finals and the joy of giving back to the community where it all began for him.
In the recent NBA Finals, the Thunder showcased their physicality and resilience, winning a closely contested series 4-3. The team excelled in both physicality and “playing hard energy” metrics, with star player Shai Gilgeous-Alexander leading the league with 226 Physicality Wins. Holmgren himself contributed significantly, ranking fourth in this category with 134 wins.
Jalen Williams, who played a crucial role in the Thunder’s championship run, faced challenges of his own. He dealt with a wrist injury that required extensive management throughout the playoffs. Williams shared his experience of playing through pain, including receiving cortisone and lidocaine shots to alleviate discomfort. Despite the challenges, he remained focused on contributing to his team’s success and adapting his shooting technique to accommodate his injury.
As the Thunder prepare for the upcoming season, the focus will be on solidifying their roster and building upon their recent championship success. With Holmgren’s extension and Williams’ impending deal, Oklahoma City is positioning itself as a formidable contender in the NBA landscape. The team’s young talent, combined with their recent championship experience, sets the stage for an exciting future in Thunder basketball.