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.

It has been a lucrative few weeks for the Oklahoma City Thunder's young stars. Since the team captured its first NBA title as the Thunder, it has doled out max contracts to a trio of young stars, with Jalen Williams (five years,

Chet Holmgren reacted to Jalen Williams' contract extension on social media as the Thunder secured their star trio for the long term.