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Chet Holmgren, the Oklahoma City Thunder's star center, has signed a fully guaranteed five-year, maximum rookie contract extension worth up to $250 million. This follows the Thunder's 2025 NBA championship win, where Holmgren's impressive postseason performance, including a Finals Game 7 record-tying 5 blocks, played a key role. The Thunder are also working on an extension for Jalen Williams, solidifying their young core.

Prepared by Emily Rhodes and reviewed by editorial team.