(Photo: Ronald Martinez/Getty Images) LOS ANGELES, CALIFORNIA – Chet Holmgren (#7) of the Oklahoma City Thunder in the second half at Crypto.com Arena on January 15, 2024 in Los Angeles, California.
Chet Holmgren, Oklahoma City Thunder center appeared as one of the most promising and exciting players to watch in the league today,
Standing at 7 feet 1 inch, his impressive stature and exceptional skills make him a larger-than-life presence on the field.
Despite his imposing size, Holmgren’s ease with the ball in his hands and reliable shooting skills allow him to score effectively at different levels.
Selected as the second overall pick by the Thunder in the 2022 NBA Draft after an impressive season with the Gonzaga Bulldogs, Holmgren’s journey took an unfortunate setback.
A Lisfranc injury to the right foot, supported in a A pro-am game while defending LeBron James before his expected rookie year caused him to miss the entire 2022-23 NBA season.
As a result, the 2023-24 season marked the 21-year-old’s official debut as an NBA rookie.
Let’s take a look at Chet Holmgren’s contract, career earnings, and salary.
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Chet Holmgren contract: $44.88 million
During the summer of 2022, Holmgren signed a Four-year rookie contract worth $44.88 million after being selected by the Thunder as the second overall pick in the draft.
This contract runs from the 2022-23 season through the 2025-26 season. The final year of the deal includes a team option, and the Thunder can extend him a qualifying offer in 2026-27 valued at $17.9 million if he chooses to do so.
Chet Holmgren Career Earnings
By the end of the 2023-24 NBA season, Holmgren is projected to have accumulated $20.2 million exclusively from his NBA salary over his two seasons with the Thunder, even considering his absence for the entire 2022-23 season in due to injury. as reported Spotrac.
This calculation does not include potential revenue from off-field ventures such as endorsements and partnerships.
The amount mentioned does not take into account deductions such as taxes, agent fees or other associated business expenses.
With his rookie contract concluded following the 2025-26 NBA season, the skilled center is expected to have raked in total career earnings exceeding $44.88 million.
Holmgren is expected to negotiate his next contract at the age of 23 or 24, and given his promising trajectory, he will likely land a lucrative deal very soon.
Chet Holmgren Salary 2023-24
In the current 2023-24 NBA season, Holmgren is projected to earn $10.3 million, making him the fifth-highest player on the Oklahoma City Thunder roster. by HoopsHype.
This represents a modest increase from the 2022-23 NBA season, in which he earned $9.89 million despite appearing in zero regular season games.
Projections suggest that during the upcoming 2024-25 NBA season, his earnings are expected to reach approximately $10.8 million, followed by a salary of $13.7 million in the final year of his contract. rookie in 2025-26.
It’s possible Holmgren could earn $17.9 million during the 2026-27 season if he chooses to accept the Thunder’s qualifying qualifying offer. However, this scenario seems unlikely given his stellar performance which merits a more lucrative contract.
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