Breaking Oklahoma City Thunder sign Chet Holmgren to blockbuster contract as offseason spending reaches $535m EnglishHeadline

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The Oklahoma Metropolis Thunder have nailed down one other of their NBA championship victors – and have forked out one other large sum to take action. 

The freshly-crowned NBA champions have signed Chet Holmgren to a brand new staggering contract extension, only one week after agreeing a blockbuster take care of Shai Gilgeous-Alexander. 

Holmgren has inked a staggering five-year most rookie contract extension that might attain $250 million, based on ESPN’s Shams Charania. 

The 7-foot-1 ahead’s deal is assured for $239m however comprises clauses that might see that sum rise to $250m.

The 23-year-old missed three months of the season after struggling a damaged pelvis in November however shortly earlier than the All-Star break in February to assist lead Oklahoma Metropolis to its first-ever NBA title. 

He went on to play all 23 video games of the Thunder’s title push and completed the season averaging 15 factors, eight rebounds and a pair of.2 blocks whereas taking pictures 49 % from the sphere and 37.9 % from 3-point vary.

Chet Holmgren has signed a five-year maximum rookie contract extension with the Thunder

Chet Holmgren has signed a five-year most rookie contract extension with the Thunder

The 7-foot-1 forward was part of the core group that led Oklahoma City to an NBA title

The 7-foot-1 ahead was a part of the core group that led Oklahoma Metropolis to an NBA title 

Holmgren is a key member of the Thunder’s youthful core, which the franchise hopes might be in Oklahoma Metropolis for seasons to return. 

The deal comes after Holmgren’s famous person teammate, Gilgeous-Alexander, agreed to a four-year, $285million super-max extension that retains him with the crew by the 2030-31 season.

After turning into the second-youngest crew in NBA historical past to win a championship, the Thunder have now locked down each Holmgren and Gilgeous-Alexander for the long term and are reportedly anticipated to show their consideration to All-NBA famous person Jalen Williams. 

Gilgeous-Alexander will now be paid a median annual wage of an astounding $71.25million per 12 months – the fifth greatest contract by AAV within the historical past of sports activities.

‘SGA’ averaged a league-high 32.7 factors within the common season and dropped a median of 30.3 factors per sport within the NBA Finals.

He turned the eleventh participant in NBA historical past to be named Finals MVP and MVP in the identical season – becoming a member of Willis Reed, Kareem Abdul-Jabbar, Moses Malone, Magic Johnson, Hakeem Olajuwon, Shaquille O’Neal, Tim Duncan, Larry Fowl (two occasions), LeBron James (two occasions) and Michael Jordan (4 occasions).

It comes after Shai Gilgeous-Alexander, agreed to a four-year, $285m super-max extension

It comes after Shai Gilgeous-Alexander, agreed to a four-year, $285m super-max extension

Moreover, Gilgeous-Alexander turned the sixth participant in NBA historical past to win a scoring title and a championship in the identical season. He was the primary to take action since O’Neal in 2000 and joined Jordan (six occasions), Abdul-Jabbar, George Mikan (twice) and Joe Fulks.

SGA got here to the Thunder within the now-infamous Paul George commerce which netted OKC the guard and a hefty complete of first-round picks, one in all which led to the choice of co-star Jalen Williams.

The Thunder’s option to construct round him paid off – as Gilgeous-Alexander led OKC to its fifth convention title in franchise historical past and the second title in franchise historical past, having beforehand gained in 1979 because the Seattle Supersonics.


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