Two down, one to go. The Oklahoma City Thunder checked off another item on their busy offseason. They signed Chet Holmgren to a five-year, $250 million extension. There are some wrinkles in the deal, but the 23-year-old is under contract with the NBA champion through the 2030-31 season.

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 doesn't give up many good looks at the basket. The 7-foot-1 forward specializes in swatting shots on the NBA champion OKC Thunder. But Holmgren made an exception Monday when he held his annual youth basketball camp at Oklahoma Athletic Center.