Close Menu
    What's Hot

    Gold prices whipsaw as US tariff confusion rattles bullion market

    August 11, 2025

    UN says families, a generation being ‘wiped out’ by Israel’s war on Gaza

    August 11, 2025

    New licensing options, FDI surge power DMCC’s growth

    August 11, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • Economy
    Facebook X (Twitter) Instagram
    Gulf News Week
    Subscribe
    Monday, August 11
    • Home
    • Politics
      • Europe
      • Middle East
      • Russia
      • Social
      • Ukraine Conflict
      • US Politics
      • World
    • Region
      • Middle East News
    • World
    • Economy
      • Banking
      • Business
      • Markets
    • Real Estate
    • Science & Tech
      • AI & Tech
      • Climate
      • Computing
      • Science
      • Space Science
      • Tech
    • Sports

      Club World Cup marked by empty seats, searing heat, weather-delayed matches and Chelsea victory

      July 14, 2025

      In an era prizing velocity, more than 20,000 curveballs a year have disappeared from MLB

      July 14, 2025

      Iga Swiatek is at No. 3 after Wimbledon and Amanda Anisimova is in the top 10. Sinner still No. 1

      July 14, 2025

      Jannik Sinner wanted to win Wimbledon but he really needed to beat Carlos Alcaraz

      July 14, 2025

      Nationals take Eli Willits with No. 1 pick in MLB draft, first of record 17 first-round shortstops

      July 14, 2025
    • Health
    • Travel
    • Contact
    Gulf News Week
    Home»Sports»Chet Holmgren and Oklahoma City Thunder agree on a 5-year contract extension, AP source says
    Sports

    Chet Holmgren and Oklahoma City Thunder agree on a 5-year contract extension, AP source says

    Gulf News WeekBy Gulf News WeekJuly 9, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Chet Holmgren and Oklahoma City Thunder agree on a 5-year contract extension, AP source says
    Share
    Facebook Twitter Pinterest Email Copy Link

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

    The person spoke to media on condition of anonymity because the signing has not yet been announced. ESPN, which first reported the deal, citing agent Bill Duffy, said it could eventually be worth $250 million because of various contract escalators.

    It is the second major extension for the Thunder since winning the NBA title last month. The other went to NBA MVP, NBA Finals MVP and reigning scoring champion Shai Gilgeous-Alexander, who got a four-year, $285 million extension.

    And soon, the Thunder could extend Jalen Williams — another huge part of the title team — and lock up the entirety of their young core for years.

    Holmgren will make $13.7 million this coming season, the final year of his rookie deal, before his salary jumps to about $41 million for 2026-27 and the start of the extension.

    He was the No. 2 pick behind Orlando’s Paolo Banchero in the 2022 NBA draft, then missed the entirety of what would have been his first pro season with a foot injury. He played all 82 games in 2023-24 to help the Thunder make the second round of the playoffs, then was limited to 32 games this past season after suffering a hip injury.

    Holmgren was there for the entirety of the Thunder playoff run, averaging 15.2 points and 8.7 rebounds in 23 postseason games — capped by Oklahoma City holding off Indiana and winning the NBA Finals in a seven-game thriller.

    The way Holmgren came back from the injury is one of the stories that seemed to stick with Thunder general manager Sam Presti the most during the title run.

    “They went through a fair amount of adversity during the season,” Presti said last month in his end-of-season meeting with reporters. “In reality, a lot of that adversity forged us into the team that we were, playing different lineups and being without certain players and then getting those players back, and the selflessness and humility that the players coming back had to have in order to fit into a team that was really cooking without them. Chet is one example of that, but we had many others.”

    ___

    news agencies NBA:

    Bill Duffy Chet Holmgren Compensation in sports Jalen Williams NBA NBA basketball OK State Wire Oklahoma Oklahoma City Thunder Paolo Banchero Sam Presti Shai Gilgeous-Alexander Sports Sports transactions
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Gulf News Week

    Related Posts

    Sports

    Club World Cup marked by empty seats, searing heat, weather-delayed matches and Chelsea victory

    July 14, 2025
    Sports

    In an era prizing velocity, more than 20,000 curveballs a year have disappeared from MLB

    July 14, 2025
    Sports

    Iga Swiatek is at No. 3 after Wimbledon and Amanda Anisimova is in the top 10. Sinner still No. 1

    July 14, 2025
    Sports

    Jannik Sinner wanted to win Wimbledon but he really needed to beat Carlos Alcaraz

    July 14, 2025
    Sports

    Nationals take Eli Willits with No. 1 pick in MLB draft, first of record 17 first-round shortstops

    July 14, 2025
    Sports

    Carlos Alcaraz’s first loss in six Grand Slam finals comes against Jannik Sinner at Wimbledon

    July 13, 2025
    Add A Comment

    Comments are closed.

    Editors Picks

    Gold prices whipsaw as US tariff confusion rattles bullion market

    August 11, 2025

    UN says families, a generation being ‘wiped out’ by Israel’s war on Gaza

    August 11, 2025

    New licensing options, FDI surge power DMCC’s growth

    August 11, 2025

    Anas raised his voiced, but the world refused to listen

    August 11, 2025
    Latest Posts

    Club World Cup marked by empty seats, searing heat, weather-delayed matches and Chelsea victory

    July 14, 2025

    In an era prizing velocity, more than 20,000 curveballs a year have disappeared from MLB

    July 14, 2025

    Iga Swiatek is at No. 3 after Wimbledon and Amanda Anisimova is in the top 10. Sinner still No. 1

    July 14, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Gulf News Week

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Gold prices whipsaw as US tariff confusion rattles bullion market

    August 11, 2025

    UN says families, a generation being ‘wiped out’ by Israel’s war on Gaza

    August 11, 2025

    New licensing options, FDI surge power DMCC’s growth

    August 11, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Gulf News Week. Designed by HAM Digital Media.
    • Home
    • Politics
    • Economy
    • Sports

    Type above and press Enter to search. Press Esc to cancel.