Technically speaking, neither Holmgren nor Banchero is actually eligible for the numbers they signed for. A four-year veteran, as both will be after this season when their new deals kick in, is eligible for a new contract at 25% of the cap that comes with 8% annual raises.

Thunder center Chet Holmgren has agreed to a maximum rookie contract extension for five years and up to $250 million, according an ESPN report Wednesday.

A week after an NBA championship, the Oklahoma City Thunder have smashed open a championship window that won't close for a while. They have reportedly signed Chet Holmgren to a five-year, $250 million contract extension, per ESPN's Shams Charania.