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.

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.

Shams Charania discusses Chet Holmgren's commitment to the Thunder organization after agreeing to a five-year extension.

Breaking: Oklahoma City Thunder All-NBA star and champion Jalen Williams has agreed to a five-year maximum rookie contract extension that could reach $287 million, agents Bill Duffy and Justin Haynes of WME Basketball told ESPN.

The former Utes center is an NBA champion with the Thunder and has signed a second two-way deal to stay with the Thunder for the 2025-26 season.

First, the Thunder gave reigning MVP Shai Gilgeous-Alexander a four-year, $285 million extension that should keep him in Oklahoma City until the summer of 2031, at a minimum. Then, they turned around and rewarded center Chet Holmgren with $250 million over five years,