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.

From the time the Thunder started to ascend, it was clear that Jalen Williams and Chet Holmgren were likely going to be max players. And of course, Shai Gilgeous-Alexander has turned into a no-brainer,

Technically speaking, neither Holmgren nor Banchero is actually eligible for the numbers they signed for. A four-year veteran, as both will be after this season when their new deals kick in, is eligible for a new contract at 25% of the cap that comes with 8% annual raises.