Breaking: Chet Holmgren signs rookie extension

Chet Holmgren’s year continues to get better. He won an NBA championship and now he’s signed a rookie extension that is for five years guaranteed and could possibly reach $250 million.

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Breaking: Oklahoma City Thunder star and NBA champion Chet Holmgren has agreed to a fully guaranteed five-year maximum rookie contract extension that could reach $250 million, his agent told @ShamsCharania. pic.twitter.com/Jlb863df4y

— ESPN (@espn) July 9, 2025

Holmgren had a strong year for the Oklahoma City Thunder. He averaged 15.0 points, 8.0 rebounds, 2.0 assists, and 2.2 blocks per game. He also overcame a hip injury that cost him three months of the season.

Related: SGA inks 4-year, $285 million supermax extension with Thunder

Holmgren had a rough start to his NBA career as an offseason injury cost him his entire rookie season. He came back in the 2023-24 season and played all 82 games, while averaging 16.5 points, 7.9 rebounds, 2.4 assists, and 2.3 blocks per game.

More importantly than his overall numbers, Holmgren fit in perfectly next to rising star and this year’s MVP, Shai Gilgeous-Alexander.

This rookie extension signed by Holmgren proves he’s in it for the long haul and look for the Thunder to possibly run off multiple titles in the years to come.

About the Author Published Jul 9, 2025

TITAN FREY

Titan Frey is a dedicated father to three wonderful children, whom he takes immense pride in. His passions include reading, writing, basketball, both playing and watching, and playing chess. Titan spent five years working as a journalist for the basketball website fadeawayworld.net, where he served as editor-in-chief for four and a half years. One of his most notable achievements was interviewing Chuck Cooper III, the son of Chuck Cooper, the first African American ever drafted by an NBA team, and writing a biography that has been praised as the most definitive article about Cooper’s legacy. Titan is the author of more than ten novels and the screenwriter of three produced short films. His newest young adult novel, Echoes of the Hardwood: Braxton Foxworthy’s Time‑Travelling Book Report, blends basketball history with heartfelt storytelling and is now available. Order here: https://a.co/d/bo7BYz1