Chet Holmgren Contract

Last Modified Apr 3, 2025 06:36 GMT
Chet Holmgren
Chet Holmgren (Source: Getty Images)

Chet Holmgren is an American professional basketball player who plays as a center for the NBA team Oklahoma City Thunder. Born in Minneapolis, Minnesota, Holmgren picked up basketball from his father, 7 feet tall Dave Holmgren, a former University of Minnesota player. As a highly touted five-star athlete, Holmgren made waves during his one-year stint at Gonzaga, averaging an impressive stat line of 14.1 points, 9.9 rebounds, and 3.7 blocks per game. In the 2022 NBA Draft, the Oklahoma City Thunder selected Holmgren with the second overall pick. It was the highest-selected pick from Gonzaga University and the top-drafted player from Minnesota, surpassing Kevin McHale's 1980 selection at third overall. Unfortunately for him, Holmgren faced a setback just before the rookie season began.

While playing in a Pro-am pre-season game, he suffered a Lisfranc injury causing him to miss the entire 2022/23 NBA season. Consequently, the 2023/24 season marked his official rookie debut. His 7-foot-6-inch wingspan contributes to his standout shot-blocking and rebounding skills. Alongside superstar Shai Gilgeous-Alexander at the Oklahoma City Thunder, Holmgren forms a promising duo.

Related: Chet Holmgren Parents

Chet Holmgren Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2022-23 $9,891,240-$9,891,240-$9,891,240
2023-24$10,386,000-$10,386,000-$10,386,000
2024-25 (Team Option Exercised)$10,880,640-$10,880,640-$10,880,640
2025-26 (Team Option)$13,731,368-$13,731,368-$13,731,368

How much is Chet Holmgren getting paid?

Chet Holmgren is set to earn $10,880,460 for the 2024/25 season. Holmgreen agreed to a four-year rookie scale contract with the Oklahoma City Thunder, worth $44,889,248 guaranteed as per Spotrac.

How much does Chet Holmgren make in a minute?

Chet Holmgren’s salary for the 2024/25 season is $10,880,460. Now, one year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then Holmgren makes around $20.70 in a minute.

Related: Chet Holmgren Siblings

Chet Holmgren Career Earnings

As of March 2025, Holmgren has earned more than $ 31,363,868 from his NBA contracts as per Spotrac.

What are the terms of Chet Holmgren’s contract?

Holmgren’s standard rookie scale contract has team options after the second and third seasons. Oklahoma City Thunder has already exercised their team option for the 2025/26 season as per Spotrac.

How much of the Chet Holmgren's contract is guaranteed?

Chet Holmgren’s contract worth $44,889,248 is guaranteed until the 2025/26 NBA season as per Spotrac.. The Thunder have again exercised their team option for the 2025-26 season.

Chet Holmgren Contract History

These are all the contracts that Chet Holmgren has signed in his career till now.

July 9, 2022

Chet Holmgren signed a four-year $44.89 million contract with the Oklahoma City Thunder.

Similar Pages

Mitchell Robinson
Mitchell Robinson Image
Mitchell Robinson
Michael Porter Jr.
Michael Porter Jr. Image
Michael Porter Jr.
Jaylin Williams
Jaylin Williams Image
Jaylin Williams
Colin Castleton
Colin Castleton Image
Colin Castleton
Donte DiVincenzo
Donte DiVincenzo Image
Donte DiVincenzo
Rudy Gobert
Rudy Gobert Image
Rudy Gobert
Joe Ingles
Joe Ingles Image
Joe Ingles
LeBron James
LeBron James Image
LeBron James
Nikola Jokic
Nikola Jokic Image
Nikola Jokic
Kevin Durant
Kevin Durant Image
Kevin Durant
Jayson Tatum
Jayson Tatum Image
Jayson Tatum
Giannis Antetokounmpo
Giannis Antetokounmpo Image
Giannis Antetokounmpo
Ben Simmons
Ben Simmons Image
Ben Simmons
Stephen Curry
Stephen Curry Image
Stephen Curry
R.J. Barrett
R.J. Barrett Image
R.J. Barrett

FAQ on Chet Holmgren

A. Chet Holmgren hails from Minneapolis, Minnesota, United States.

A. Chet Holmgren was drafted second overall in the 2022 NBA Draft.

A. Chet Holmgren played collegiate basketball for Gonzaga University.

A. Chet Holmgren wears jersey #7 for the Oklahoma City Thunder.

Related Stories

"Steve Ballmer isn’t that dumb" - Mark Cuban backs $152B Clippers owner while warning Pablo Torre about fallout of allegation "Steve Ballmer isn’t that dumb" - Mark Cuban backs $152B Clippers owner while warning Pablo Torre about fallout of allegation
"Steve Ballmer isn’t that dumb" - Mark Cuban backs $152B Clippers owner while warning Pablo Torre about fallout of allegation
"People used to steal my rebounds": HoF-bound Carmelo Anthony explains iconic NSFW message to teammates after rebounding "People used to steal my rebounds": HoF-bound Carmelo Anthony explains iconic NSFW message to teammates after rebounding
"People used to steal my rebounds": HoF-bound Carmelo Anthony explains iconic NSFW message to teammates after rebounding
1d
"What do you mean it's not fair?" - Charles Barkley blames LeBron James and Kevin Durant's actions for causing NBA's second apron "What do you mean it's not fair?" - Charles Barkley blames LeBron James and Kevin Durant's actions for causing NBA's second apron
"What do you mean it's not fair?" - Charles Barkley blames LeBron James and Kevin Durant's actions for causing NBA's second apron
"Wanted to be the most hated man in Philly": Paul George catches fans’ flak after IShowSpeed's major blunder goes viral "Wanted to be the most hated man in Philly": Paul George catches fans’ flak after IShowSpeed's major blunder goes viral
"Wanted to be the most hated man in Philly": Paul George catches fans’ flak after IShowSpeed's major blunder goes viral
1d
"I helped him get over the top" - Paul Pierce makes bombshell claim about influencing LeBron James' game in 45-point performance "I helped him get over the top" - Paul Pierce makes bombshell claim about influencing LeBron James' game in 45-point performance
"I helped him get over the top" - Paul Pierce makes bombshell claim about influencing LeBron James' game in 45-point performance
1d
NBA insider claims Adam Silver ignored Kawhi Leonard nearly indulging in cap circumvention with $4.4B franchise NBA insider claims Adam Silver ignored Kawhi Leonard nearly indulging in cap circumvention with $4.4B franchise
NBA insider claims Adam Silver ignored Kawhi Leonard nearly indulging in cap circumvention with $4.4B franchise
“This has illegal tree planting written all over it”: NBA fans react as Cam Thomas takes $19M hit in free agency “This has illegal tree planting written all over it”: NBA fans react as Cam Thomas takes $19M hit in free agency
“This has illegal tree planting written all over it”: NBA fans react as Cam Thomas takes $19M hit in free agency
1d
"I'm going to uncle Dennis" - Mark Cuban reveals how he would have dealt with Kawhi Leonard saga, defending Steve Ballmer "I'm going to uncle Dennis" - Mark Cuban reveals how he would have dealt with Kawhi Leonard saga, defending Steve Ballmer
"I'm going to uncle Dennis" - Mark Cuban reveals how he would have dealt with Kawhi Leonard saga, defending Steve Ballmer
23h
Carmelo Anthony dishes sarcastic reply to Knicks legend against his jersey retirement: "Respect" Carmelo Anthony dishes sarcastic reply to Knicks legend against his jersey retirement: "Respect"
Carmelo Anthony dishes sarcastic reply to Knicks legend against his jersey retirement: "Respect"
When NBA fined Timberwolves $3.5 million for off the books payment to Joe Smith in Kawhi Leonard-like saga When NBA fined Timberwolves $3.5 million for off the books payment to Joe Smith in Kawhi Leonard-like saga
When NBA fined Timberwolves $3.5 million for off the books payment to Joe Smith in Kawhi Leonard-like saga
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
down arrow icon
More
bell-icon Manage notifications