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.

The NBA champion Oklahoma City Thunder have agreed a five-year contract extension worth up to $287 million with 24-year-old All-Star forward Jalen Williams, ESPN reported Thursday.ESPN cited Williams's agents in reporting the extension of Williams's rookie contract -- which makes the 24-year-old the latest key piece of Oklahoma City's title run to commit to the Thunder long-term.

Oklahoma City Thunder guard Jalen Williams agrees to rookie max 5-year contract extension that could be worth $287 million.