The Oklahoma City Thunder and center Chet Holmgren agreed to a five-year maximum rookie contract extension worth up to $250 million, agent Billy Duffy of WME Basketball confirmed Wednesday.

Chet Holmgren has agreed on a five-year contract extension worth nearly $240 million to remain with the NBA champion Oklahoma City Thunder, according to a person with knowledge of the deal

Chet Holmgren and the Oklahoma City Thunder agreed to a five-year contract extension worth up to $250 million, ESPN reported Wednesday.