Chet Holmgren has agreed on a five-year contract extension worth nearly $240 million to remain with the NBA champion Oklahoma City Thunder, per multiple reports. ESPN, which first reported the deal, citing agent Bill Duffy, said it could eventually be worth $250 million because of various contract escalators.

Chet Holmgren reportedly re-signed with the Oklahoma City Thunder on Wednesday on a five-year deal worth potentially as much as $250 million. It's a huge number, of course, one that will set Holmgren and his family up for life.

From the time the Thunder started to ascend, it was clear that Jalen Williams and Chet Holmgren were likely going to be max players. And of course, Shai Gilgeous-Alexander has turned into a no-brainer,