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Current Contract
Chet Holmgren signed a 4 year / $44,889,248 contract with the Oklahoma City Thunder, including $44,889,248 guaranteed, and an annual average salary of $11,222,312. In 2023-24, Holmgren will earn a base salary of $10,386,000, while carrying a cap hit of $10,386,000 and a dead cap value of $10,386,000.
Contract: 4 yr(s) / $44,889,248 Average Salary: $11,222,312 Guaranteed at Signing $20,277,240 Signed Using: Entry Level/Rookie Free Agent: 2026 / RFA Year Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap 2022-23 20 $9,891,240 - - - $9,891,240 8.00% 2023-24 21 $10,386,000 - - - $10,386,000 7.64% 2024-25 22 Club Exercised$10,880,640 - - - $10,880,640 7.72% 2025-26 23 Club $13,731,368 - - - $13,731,368 8.85% 2026 24 RFA Qualifying Offer: $17,919,435 Contract Notes:- 2024-25: Club Option (deadline 10/31/23, exercised 10/21/23)
- 2025-26: Club Option (deadline 10/31/24)
Sources: Spotrac -
Estimated Career Earnings
A look at the calculated cash earnings for Chet Holmgren, including any upcoming years.
Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash 2022-23 $9,891,240 - - - $9,891,240 2023-24 $10,386,000 - - - $10,386,000 Est. Earnings
(2 seasons)$20,277,240 - - - $20,277,240 2024-25 $10,880,640 - - - $10,880,640 2025-26 $13,731,368 - - - $13,731,368 $44,889,248 - - - $44,889,248 Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash 2 seasons $20,277,240 - - - $20,277,240 * earnings may include deduction of original cashed earned due to shortened season
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Transactions
Oct 21 2023Oklahoma City (OKC) exercised $10.88 million option for 2024-25Aug 27 2022Oklahoma City (OKC) applied for $4,945,620 Disabled Player Exception due to season-ending foot injuryAug 25 2022Will miss the entire 2022-23 season with Oklahoma City (OKC) due to right foot injuryJul 1 2022Signed a 4 year $44.89 million Rookie Scale contract with Oklahoma City (OKC)Jun 23 2022Drafted by Oklahoma City (OKC): Round 1 (#2 overall) -
Statistics
Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts 2023 OKC 72 29.96 0.535 0.377 0.797 1.57 6.38 7.94 2.58 0.65 2.42 1.58 16.74 34.70 2022 OKC 0 0 0.000 0.000 0.000 nan nan nan nan nan nan nan nan nan Totals 72 29.96 0.535 0.377 0.797 1.57 6.38 7.94 2.58 0.65 2.42 1.58 16.74 34.70