Thunder Sign Shai Gilgeous-Alexander to Huge Contract
THUNDER WIRE - 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 Shai Gilgeous-Alexander to a four-year, $285 million contract extension, per ESPN’s Shams Charania.
This is a little surprising, as Gilgeous-Alexander could’ve received a bigger extension if he waited until next offseason. He was eligible for a five-year, $380 million supermax deal in 2026. Alas, you’ll take this if you’re OKC. This new deal locks him down in OKC through the 2030-31 season.
Gilgeous-Alexander is fresh off one of the greatest individual seasons ever. He won MVP, Conference Finals MVP, NBA Finals MVP and an All-NBA First Team nod. The 26-year-old averaged 32.7 points on 51.9% shooting, 6.4 assists and five rebounds this past season.
The Thunder went on to have one of the greatest seasons ever with a historic 68-14 record and a Larry O’Brien trophy. Gilgeous-Alexander was the face of that success as one of the NBA’s best players.
Let’s break down Gilgeous-Alexander’s current and new contracts to see how much he’ll make through each season. His supermax extension won’t kick in until the 2027-28 campaign:
2025-26:
Age: 27 years old Cap Hit: $38.3 million Cap Percentage: 24.8%
2026-27:
Age: 28 years old Cap Hit: $40.8 million Cap Percentage: 24.7%
2027-28:
Age: 29 years old Cap Hit: $63.7 million Cap Percentage: 35%
2028-29:
Age: 30 years old Cap Hit: $68.8 million Cap Percentage: 36% 2029-30:
Age: 31 years old Cap Hit: $73.9 million Cap Percentage: 36.8%
2030-31:
Age: 32 years old Cap Hit: $79 million Cap Percentage: 37.5% The Thunder will get a chance to lock down their trio of Gilgeous-Alexander, Jalen Williams and Chet Holmgren to long-term deals this summer.
While Thunder general manager Sam Presti didn’t go into the dirty details of contract negotiations, he did say he couldn’t wait to get on the phone with all three players and their agents. Or in Gilgeous-Alexander’s case, just him as a self-representative. “All those questions about the contracts and things like that, I want to keep all that in house, primarily because I have so much respect for all these guys. Those aren’t public conversations. Those are conversations that need to be had face-to-face and internally,” Presti said. “I can say I’m extremely excited about being able to have conversations with these three guys, Shai obviously chief among the group.”
“I feel like they feel some ownership over what has been established, and I think that’s really important in any type of discussion like this,” Presti said. “I’m really excited because I can’t think of three guys that you’d rather sit down with and talk about their futures with the organization. But it’s not a public thing. I would be disappointed if it turned into that.”
If the Thunder can sign all three to extensions this offseason — which they now should considering Gilgeous-Alexander was the trickiest of the trio — then that’ll be a homerun summer followed by the greatest season in franchise history.