Chet Holmgren Contract

Last Modified Dec 16, 2024 15:08 GMT
Chet Holmgren
Chet Holmgren

Chet Holmgren is an American basketball player who plays as a center for the 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.

Listed as a center, Holmgren's gameplay defies the traditional position. He often draws comparisons to guards due to his fluid movements, ball handling, shooting prowess, and leaping abilities. His remarkable 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 that embodies the future of the franchise, showcasing the potential for success and excitement in the seasons to come.

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 $10,386,000 for the 2023/24 season.

According to Sportrac, he agreed to a four-year rookie scale contract with the Oklahoma City Thunder, worth $44,889,248 guaranteed.

How much does Chet Holmgren make in a minute?

Chet Holmgren’s salary for the 2023/24 season is $10,386,000. 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 $19.76 in a minute.

Related: Chet Holmgren Siblings

Chet Holmgren Career Earnings

After the end of the 2023/24 NBA season, Holmgren would have earned more than $20 million from his NBA contracts.

What are the terms of Chet Holmgren’s contract?

Holmgren’s standard rookie scale contract has team options after second and third seasons. This means Oklahoma City Thunder holds the option to decide if they wish to sign him for the 2024/25 and 2025/26 season.

Oklahoma City Thunder has already exercised their team option for the 2024/25 season.

How much of the Chet Holmgren Contract is guaranteed?

Chet Holmgren’s contract worth $31,157,880 is guaranteed until the 2024/25 NBA season. Fourth season of the contract is non-guaranteed, as of December 2023.

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

Ryan Rollins
Ryan Rollins Image
Ryan Rollins
Stanley Umude
Stanley Umude Image
Stanley Umude
Damian Lillard
Damian Lillard Image
Damian Lillard
Cason Wallace
Cason Wallace Image
Cason Wallace
Shai Gilgeous-Alexander
Shai Gilgeous-Alexander Image
Shai Gilgeous-Alexander
Jalen Williams
Jalen Williams Image
Jalen Williams
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
Ben Simmons
Ben Simmons Image
Ben Simmons
Stephen Curry
Stephen Curry Image
Stephen Curry
R.J. Barrett
R.J. Barrett Image
R.J. Barrett
Michael Porter Jr.
Michael Porter Jr. Image
Michael Porter Jr.
Giannis Antetokounmpo
Giannis Antetokounmpo Image
Giannis Antetokounmpo

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

"You should've cut the cord f**king weeks ago" - Gilbert Arenas calls for Joel Embiid & Paul George shutdown by 76ers "You should've cut the cord f**king weeks ago" - Gilbert Arenas calls for Joel Embiid & Paul George shutdown by 76ers
"You should've cut the cord f**king weeks ago" - Gilbert Arenas calls for Joel Embiid & Paul George shutdown by 76ers
Why is Damian Lillard not playing tonight against Wizards? Latest on Bucks point guard's absence (Dec. 21) Why is Damian Lillard not playing tonight against Wizards? Latest on Bucks point guard's absence (Dec. 21)
Why is Damian Lillard not playing tonight against Wizards? Latest on Bucks point guard's absence (Dec. 21)
1d
Impressed Devin Booker raves about A.J. Dybansta's talent: "More advanced than his age" Impressed Devin Booker raves about A.J. Dybansta's talent: "More advanced than his age"
Impressed Devin Booker raves about A.J. Dybansta's talent: "More advanced than his age" 
"When Michael Jordan played, he stepped on floor 80+ games" - Jason Whitlock exonerates Charles Barkley from NBA ratings fall "When Michael Jordan played, he stepped on floor 80+ games" - Jason Whitlock exonerates Charles Barkley from NBA ratings fall
"When Michael Jordan played, he stepped on floor 80+ games" - Jason Whitlock exonerates Charles Barkley from NBA ratings fall
'Stunned' Karl-Anthony Towns says he wasn't 'willing to leave' in bold post-trade admission 'Stunned' Karl-Anthony Towns says he wasn't 'willing to leave' in bold post-trade admission
'Stunned' Karl-Anthony Towns says he wasn't 'willing to leave' in bold post-trade admission
Why is Joel Embiid wearning a mask? Looking at 76ers star's comeback game from injury & more Why is Joel Embiid wearning a mask? Looking at 76ers star's comeback game from injury & more
Why is Joel Embiid wearning a mask? Looking at 76ers star's comeback game from injury & more
Luka Doncic Injury Update: NBA insider shares latest status of Mavericks star's availability against Clippers Luka Doncic Injury Update: NBA insider shares latest status of Mavericks star's availability against Clippers
Luka Doncic Injury Update: NBA insider shares latest status of Mavericks star's availability against Clippers
Memphis Grizzlies vs Atlanta Hawks Prediction and Betting Tips | Dec. 21 Memphis Grizzlies vs Atlanta Hawks Prediction and Betting Tips | Dec. 21
Memphis Grizzlies vs Atlanta Hawks Prediction and Betting Tips | Dec. 21
Golden State Warriors vs Minnesota Timberwolves Prediction and Betting Tips | Dec. 21 Golden State Warriors vs Minnesota Timberwolves Prediction and Betting Tips | Dec. 21
Golden State Warriors vs Minnesota Timberwolves Prediction and Betting Tips | Dec. 21
Indiana Pacers vs Sacramento Kings Prediction and Betting Tips | Dec. 22, 2024 Indiana Pacers vs Sacramento Kings Prediction and Betting Tips | Dec. 22, 2024
Indiana Pacers vs Sacramento Kings Prediction and Betting Tips | Dec. 22, 2024
1d