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 Oklahoma City Thunder have crossed their I's and dotted their T's. They have signed Jalen Williams to a five-year, $287 million contract extension that'll keep him in OKC through the 2030-31 season. There are some incentives involved, but it's the most money the 24-year-old could've gotten.

Thunder center Chet Holmgren has agreed to a maximum rookie contract extension for five years and up to $250 million, according an ESPN report Wednesday.