Chet Holmgren of the Oklahoma City Thunder earned All-NBA Third Team honors, but his rookie scale extension lacks escalators tied to this accolade, starting at 25% of the cap for a projected $239.25 million over five years. His contract is set to begin at $41.25 million next season, with the Thunder having leverage due to Holmgren’s limited playtime. Jalen Williams will have a similar extension. With Shai Gilgeous-Alexander’s upcoming extension, all three All-Stars will be under contract through at least the 2029-30 season.
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Chet Holmgren’s Contract Extension Maintains 25% Salary Cap Limit
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