CHET HOLMGREN AND THE OKLAHOMA CITY THUNDER ... The Thunder grew from upstarts to champions in the blink of an eye. Now, their stars' bank accounts are growing, too. Chet Holmgren agreed to a fully guaranteed five-year maximum rookie extension worth up to $250 million.

Chet Holmgren has agreed on a five-year contract extension worth nearly $240 million to remain with the NBA champion Oklahoma City Thunder, according to a person with knowledge of the deal.

Chet Holmgren signed a contract extension worth up to $250 million with Oklahoma City after the team's NBA Finals victory.

The Thunder have locked up Shai Gilgeous-Alexander and Chet Holmgren so far this summer, Jalen Williams is up next.

ESPN’s Shams Charania reported that the Thunder signed Chet Holmgren to a five-year contract that could reach $250 million.