Chet Holmgren

Oklahoma City Thunder, Center
Age: 22-213d (May 01, 2002)
Exp: 2 Years
Country: US
College: Gonzaga
Drafted: Round 1 (#2 overall), 2022
Agent(s): Bill Duffy
2024-25 Cap Hit

$10,880,640

2024-25 Cash

$10,880,640

Career Earnings

$31,157,880

2022-2025 Rookie (CURRENT)

Chet Holmgren signed a 4 year , $44,889,248 contract with the Oklahoma City Thunder, including $44,889,248 guaranteed, and an average annual salary of $11,222,312. In 2024-25, Holmgren will earn a base salary of $10,880,640, while carrying a cap hit of $10,880,640 and a dead cap value of $10,880,640.
Contract Terms:
4 yr(s) / $44,889,248
Average Salary:
$11,222,312
GTD at Sign:
$20,277,240
Total GTD:
$44,889,248
Signed Using:
rookie-scale-exception
Free Agent:
2026 / RFA
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2022-23 20 $9,891,240 8.00% $9,891,240 $9,891,240 6.58% $9,891,240 $9,891,240 $9,891,240
2023-24 21 $10,386,000 7.64% $10,386,000 $10,386,000 6.28% $10,386,000 $10,386,000 $20,277,240
2024-25 22
Club
$10,880,640 7.74% $10,880,640 $10,880,640 6.37% $10,880,640 $10,880,640 $31,157,880
2025-26 23
Club
$13,731,368 8.88% $13,731,368 $13,731,368 7.31% $13,731,368 $13,731,368 $44,889,248
2026-27 24
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2022-23 20 $9,891,240 - - $9,891,240 8.00% $9,891,240
2023-24 21 $10,386,000 - - $10,386,000 7.64% $10,386,000
2024-25 22
Club
$10,880,640 - - $10,880,640 7.74% $10,880,640
2025-26 23
Club
$13,731,368 - - $13,731,368 8.88% $13,731,368
2026-27 24
RFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2022-23 20 $9,891,240 $9,891,240 $9,891,240 $9,891,240 $11,222,312
2023-24 21 $10,386,000 $10,386,000 $20,277,240 $10,138,620 $11,666,003
2024-25 22
Club
$10,880,640 $10,880,640 $31,157,880 $10,385,960 $12,306,004
2025-26 23
Club
$13,731,368 $13,731,368 $44,889,248 $11,222,312 $13,731,368
Contract Notes
  • 2024-25: Club Option (deadline 10/31/23, exercised 10/21/23)
  • 2025-26: Club Option (deadline 10/31/24, exercised 10/23/24)
Source: Spotrac
Seasons

2 Years

Career Earnings thru 2024

$31,157,880

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 20
Active
$9,891,240
$9,891,240
2023 21
Active
$10,386,000
$20,277,240
2024 22
Active / Club Exercised
$10,880,640
$31,157,880
Total      
$31,157,880
$31,157,880
2025 23
Active / Club Exercised
$13,731,368
Total
$44,889,248

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $31,157,880 - - $31,157,880
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
20
$9,891,240
$9,891,240
$9,891,240
2023
21
$10,386,000
$10,386,000
$20,277,240
2024
22
$10,880,640
$10,880,640
$31,157,880
Total
$31,157,880
$31,157,880
$31,157,880
2025
23
$13,731,368
$13,731,368
Total
$44,889,248
$44,889,248

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $31,157,880 - - $31,157,880

Injuries

Year Dates Games Missed Reason
2024-25 OKC Nov 11, 2024 - TBD 6 Hip
2022-23 OKC Oct 19, 2022 - Apr 09, 2023 82 Foot
  • Oct 23, 2024 Oklahoma City (OKC) exercised $13.73 million option for 2025-26
  • Oct 21, 2023 Oklahoma City (OKC) exercised $10.88 million option for 2024-25
  • Aug 27, 2022 Oklahoma City (OKC) applied for $4,945,620 Disabled Player Exception due to season-ending foot injury
  • Aug 25, 2022 Will miss the entire 2022-23 season with Oklahoma City (OKC) due to right foot injury
  • Jul 01, 2022 Signed a 4 year $44.89 million Rookie Scale contract with Oklahoma City (OKC)
  • Jun 23, 2022 Drafted by Oklahoma City (OKC): Round 1 (#2 overall)
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2024 OKC 10 10 26.4 16.4 8.7 2.0 0.8 2.6 .505 .378 .776
2023 OKC 82 82 29.4 16.5 7.9 2.4 0.6 2.3 .530 .370 .793
2022 OKC 0 0.0 0.0 0.0 0.0 0.0 0.0 .000

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TRANSACTIONS

Oct 23, 2024
Oklahoma City (OKC) exercised $13.73 million option for 2025-26
Oct 21, 2023
Oklahoma City (OKC) exercised $10.88 million option for 2024-25
Aug 27, 2022
Oklahoma City (OKC) applied for $4,945,620 Disabled Player Exception due to season-ending foot injury
Aug 25, 2022
Will miss the entire 2022-23 season with Oklahoma City (OKC) due to right foot injury
Jul 01, 2022
Signed a 4 year $44.89 million Rookie Scale contract with Oklahoma City (OKC)
Jun 23, 2022
Drafted by Oklahoma City (OKC): Round 1 (#2 overall)

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