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Jalen Williams, Chet Holmgren Officially Sign Contract Extensions with OKC Thunder

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Jalen Williams, Chet Holmgren Officially Sign Contract Extensions with OKC Thunder

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THUNDER WIRE - The NBA champion announced they have officially signed Jalen Williams and Chet Holmgren to contract extensions.

The franchise cornerstones put ink to paper. Williams reportedly signed a five-year, $287 million extension. Holmgren reportedly signed a fiveyear, $250 million extension. Both deals will keep them in OKC through the 2030-31 season.

It’s been quite the offseason for the Thunder. Fresh off capturing the Larry O’Brien trophy, the celebrations continued into July. They had the chance to lock down Shai Gilgeous-Alexander, Williams and Holmgren to longterm deals this summer. Boom. Boom. Boom. All three are done. Gilgeous-Alexander wasted little time signing a four-year, $285 million supermax extension that’ll keep him in OKC through the 2030-31 season. It was the biggest contract he could’ve signed for this summer. The Thunder gladly backed up the Brink’s trucks for the MVP winner.

Now, the Thunder have their star trio under contract for the rest of the decade. That’s nearly a billion dollars tied up in three players. But hey, it’s champagne problems any other team would gladly deal with. They’ve already won one NBA championship with this group and could be in line for more.

Chet Holmgren

The Oklahoma City Thunder has signed forward/center Chet Holmgren to a multi-year contract extension; it was announced today by Executive Vice President and General Manager Sam Presti. Per team policy, terms of the agreement were not released.

Originally selected No. 2 overall by the Thunder in the 2022 NBA draft, the Minneapolis, Minnesota native has appeared in 114 career games (all starts) for Oklahoma City and holds career averages of 16.1 points on 51.9% shooting, including 37.2% from threepoint range, 7.9 rebounds, 2.3 assists and 2.29 blocks in 28.9 minutes per game.

During the 202425 season, Holmgren appeared in 32 games (all starts) and averaged 15.0 points on 49.0% shooting, including 37.9% from threepoint range, to go along with 8.0 rebounds, 2.0 assists and 2.22 blocks in 27.4 minutes of action per game.

Holmgren averaged 15.2 points, 8.7 rebounds and 1.87 blocks in 29.8 minutes per game during Oklahoma City’s playoff run this past season. He tallied 18 points, eight rebounds and an NBA record five blocks in Game 7 of the 2025 NBA Finals to help lift the Thunder to its first NBA Championship. The second-year forward/center became one of just eight players in NBA playoff history age 23 or younger to eclipse 500-plus points, 250-plus rebounds and 65-plus blocks.

Holmgren recorded a historic season in 202324 as he became the first player in NBA history to reach over 150-plus blocks, 150-plus assists, and 100plus made three-pointers. He also registered nine games with three blocks and three made three-pointers, tied for the most ever by a rookie.

Jalen Williams

The Oklahoma City Thunder has signed guard/ forward Jalen Williams to a multi-year contract extension; it was announced today by Executive Vice President and General Manager Sam Presti. Per team policy, terms of the agreement were not released.

Williams appeared in 69 games (all starts) during the 2024-25 campaign and averaged career-highs of 21.6 points, 5.3 rebounds, 5.1 assists and 1.61 steals (seventh in NBA) in 32.4 minutes per game. He was one of only four players to average at least 20.0 points, 5.0 rebounds, 5.0 assists and 1.50 steals per game this season.

The third-year guard/ forward was named to the 2024-25 All-NBA Third Team, earned his first career All-Star appearance and was named to the 2024-25 NBA All-Defensive Second Team this season.

Williams averaged 21.4 points, 5.5 rebounds, 4.8 assists and 1.39 steals during the Thunder’s 2025 playoff run on its way to the team’s first NBA Championship. He scored 25-plus points in three straight games during the NBA Finals, becoming just the fifth player in the last 40 years to do so before the age of 25.

Over the course of 215 career games (202 starts), the Santa Clara product has averaged 18.1 points on 51.3% shooting, including 38.2% from three-point range, to go along with 4.6 rebounds, 4.3 assists and 1.37 steals in 32.4 minutes per game.

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Jalen Williams, Chet Holmgren Officially Sign Contract Extensions with OKC Thunder