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, a person with knowledge of the deal said Wednesday. ESPN, which first reported the deal,

The Oklahoma City Thunder and center Chet Holmgren agreed to a five-year contract extension, which could be worth a total of $250 million.