Two down, one to go. The Oklahoma City Thunder checked off another item on their busy offseason. They signed Chet Holmgren to a five-year, $250 million extension. There are some wrinkles in the deal, but the 23-year-old is under contract with the NBA champion through the 2030-31 season.

Chet Holmgren reportedly re-signed with the Oklahoma City Thunder on Wednesday on a five-year deal worth potentially as much as $250 million. It's a huge number, of course, one that will set Holmgren and his family up for life.

Chet Holmgren reacted to Jalen Williams' contract extension on social media, as the Thunder secured their star trio for the long term.