The Oklahoma City Thunder have reportedly agreed to a rookie max extension with star center Chet Holmgren following the team's victory in the 2025 NBA Finals.

Chet Holmgren has agreed on a five-year contract extension worth nearly $240 million to remain with the NBA champion Oklahoma City Thunder, per multiple reports. ESPN, which first reported the deal, citing agent Bill Duffy, said it could eventually be worth $250 million because of various contract escalators.

Another Thunder player is locked in for the next few years. The Oklahoma City Thunder and Chet Holmgren have agreed to a maximum rookie contract extension, according to ESPN's Shams Charania.