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Chet Holmgren signs rookie extension

Originally posted on Ball Exclusives | By Titan Frey | Last updated Jul 9, 2025 3:44 PM ET

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.

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.

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.

This article first appeared on Ball Exclusives and was syndicated with permission.

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