Wed Jul 9 10:09am ET
Field Level Media
Chet Holmgren and the Oklahoma City Thunder agreed to a five-year contract extension worth up to $250 million, ESPN reported Wednesday.
The contract is fully guaranteed and comes on the heels of Oklahoma City's landmark contract with NBA MVP Shai Gilgeous-Alexander. SGA agreed to a four-year, $285.4 million super maximum contract extension through 2031 to become the league's highest-paid player at more than $71 million per season.
The 7-foot-1 Holmgren, 23, has been impactful when he's on the court. Injuries limited him to 32 regular-season games with a hip injury last season. He also missed his rookie season with a foot injury.
With career averages of 16.1 points and 7.9 rebounds per game, Holmgren proved to be a critical piece for the team's run to a title in 2025. He had eight double-double performances in 23 postseason games in 2025.
The No. 2 pick in the 2022 draft, Holmgren entered the NBA alongside Jalen Williams, the No. 12 pick that year. Williams is also eligible for the rookie supermax extension. He's entering the final season of a four-year rookie deal with a $6.6 million base salary in 2025-26.
Oklahoma City Thunder forward/center Chet Holmgren has agreed to a fully guaranteed five-year maximum rookie contract extension, according to Shams Charania of ESPN. The deal could be worth up to $250 million. Holmgren just finished his third NBA season, averaging 15.0 points, 8.0 rebounds, and 2.2 blocks in 27.4 minutes. He was limited to 32 games due to a hip injury. The 23-year-old missed his entire rookie year with a foot problem. While Holmgren's health issues are something fantasy managers should keep in mind, he is a uniquely talented big man and is set to be part of the Thunder's core for the foreseeable future.
The San Antonio Spurs have traded guard Malaki Branham to the Washington Wizards. Branham was shipped out along with fellow guard Blake Wesley and a second-round draft pick in exchange for big man Kelly Olynyk. He will leave Texas after averaging only 9.1 minutes per game in 2024-25. Overall, Branham posted 8.5 points and 2.0 rebounds in 19.0 minutes with the Spurs over three seasons. Although he has shown some potential at times, Branham's fantasy outlook seems bleak after leaving San Antonio, since the Wizards have several guards ahead of him on the depth chart, including established players like CJ McCollum and Marcus Smart.
The San Antonio Spurs have acquired forward/center Kelly Olynyk in a trade with the Washington Wizards. The Wizards only recently picked up Olynyk from the New Orleans Pelicans but are moving him on in exchange for guards Malaki Branham, Blake Wesley, and a 2026 second-round pick. Olynyk will add depth behind star big man Victor Wembanyama in San Antonio, which will limit his fantasy value. Last season, Olynyk averaged 8.7 points, 4.7 rebounds, and 2.9 assists in 20.3 minutes across 44 games with the Pelicans and Toronto Raptors.
Dallas Mavericks forward/center Anthony Davis has undergone a procedure to repair a detached retina that he suffered during the season, per ESPN's Shams Charania. The star big man is expected to be fully healthy for training camp. Davis is gearing up for his first full campaign in Dallas. Due to a groin injury, he was limited to only nine appearances with his new team in 2024-25, averaging 20.0 points, 10.1 rebounds, 4.4 assists, and 2.2 blocks in 29.6 minutes per game. With Kyrie Irving (knee) expected to be sidelined for most of next season, the stage is set for Davis to make a big impact.
Denver Nuggets center Nikola Jokic has no interest in signing a contract extension this offseason. The three-time MVP is eligible to sign a three-year, $200 million extension until Oct. 20, but he reportedly plans to delay contract negotiations until next summer. In 12 months, Jokic could earn an extra $77 million on his contract. Currently, Jokic is two years into a five-year, $276 million deal. Since Jokic still has several seasons left on his current contract, he isn't leaving anytime soon, and the Nuggets have no reason to panic. It's simply a financial decision for Jokic to wait until next summer before starting extension talks.
Oklahoma City Thunder point guard Ajay Mitchell finished with 16 points, five rebounds, five assists, two blocks and one steal in 25 minutes during Monday's 89-78 Summer League victory over the Philadelphia 76ers. Mitchell has now posted a total of 40 points across two Summer League contests. During his rookie campaign in 2024-25, the 21-year-old saw action in 36 regular-season contests, averaging 6.5 points on 49.5 percent shooting in 16.6 minutes per game. Despite seeing limited time on the floor in the playoffs, the Thunder obviously views Mitchell as a talented guard with a lot of potential, signing him to a three-year, $9 million contract this summer.
According to Eric Nehm of The Athletic, the Milwaukee Bucks waived guard Vasilije Micic on Monday. Micic was recently traded to the Bucks from the Hornets forPat Connaughtonand two second-round picks. Now, as a free agent, the 31-year-old will likely search for other opportunities in the NBA and Europe. During the 2024-25 campaign, Micic saw action in 41 regular-season contests with the Hornets and Suns, posting averages of 6.6 points, 3.1 assists, and 2.2 rebounds.
On Monday, Utah Jazz forward Brice Sensabaugh posted 37 points (9-14 FG, 6-9 3Pt, 13-14 FT), four rebounds, two steals, and one assist during 27 minutes on the floor in a 112-111 Summer League victory over the Memphis Grizzlies. 15 of Sensabaugh's 27 points came in the fourth quarter. The 21-year-old has put together two impressive outings to open Summer League, registering a total of 56 points and 11 rebounds across 54 minutes. Sensabaugh is coming off his second NBA season, finishing with 10.9 points, 3.0 rebounds, and 1.5 assists across 71 contests in 2024-25.
Memphis Grizzlies forwardGG Jackson IIfinished with 27 points (11-18 FG, 3-8 3Pt, 2-3 FT), five rebounds, and two blocks in 30 minutes during a 112-111 Summer League loss to the Utah Jazz on Monday. The 20-year-old missed the first half of the 2024-25 campaign due to a broken fifth metatarsal in his right foot and was limited to just 29 regular-season appearances. He has since recovered and bounced back, posting 47 points in 58 minutes on the floor across two Summer League outings. After Summer League concludes, Jackson could see an uptick in minutes, providing the Grizzlies with an offensive threat off the bench during the upcoming 2025-26 season.
Utah Jazz forward Ace Bailey finished with eight points (7-14 FG, 3-5 3Pt, 1-2 FT), seven rebounds and three assists during 35 minutes in a 112-111 Summer League victory over the Memphis Grizzlies on Monday. Bailey rebounded after posting just eight points on 3-of-13 shooting during his first Summer League appearance on Saturday in Salt Lake City. After an improved performance during Monday's contest, the 18-year-old now has a total of 26 points, 14 rebounds, and four assists across 60 minutes in two Summer League outings.
Atlanta Hawks point guard Kobe Bufkin (shoulder) is expected to return to the court in the Las Vegas Summer League. The 21-year-old saw his 2024-25 campaign end early due to a right shoulder surgery. Before he was shut down in December, Bufkin averaged 5.3 points and 1.7 assists in 12.4 minutes. Due to health issues, Bufkin has made only 27 appearances during his first two NBA seasons. According to Grant Afseth of RG, Bufkin "has impressed coaches and staff with his rhythm, athleticism, and poise in open runs" since he was medically cleared. While Bufkin is set for a comeback in Las Vegas, Afseth notes that he may only appear in a few games.
The Milwaukee Bucks and point guard Vasilije Micic have agreed to a contract buyout. The 31-year-old gave up $6.1 million of his $8.1 million salary as part of the agreement, with the Bucks stretching the remaining salary on Micic's contract over the next three seasons. Micic is expected to resume his career in Europe. As a former EuroLeague MVP and top scorer, the Serbian guard should have no shortage of suitors. Micic joined the NBA in 2023-24 and appeared in 101 games over two seasons. He averaged 6.8 points and 3.9 assists in 19.4 minutes while playing for the Oklahoma City Thunder, Charlotte Hornets, and Phoenix Suns.
The Indiana Pacers have signed center James Wiseman (Achilles) to a two-year deal. The minimum-salary contract is reportedly partially guaranteed and includes a team option for the second year. Wiseman signed a similar pact with the Pacers last July, but he tore his left Achilles in the season opener against the Detroit Pistons and missed the rest of the campaign. In February, Indiana traded Wiseman to the Toronto Raptors, who subsequently waived him. Wiseman was the No. 2 overall pick in the 2020 draft but has struggled to establish himself in the NBA. Next season, Wiseman will be among the Pacers' big men fighting for a significant role in the rotation after Myles Turner's move to Milwaukee.
Indiana Pacers point guard Tyrese Haliburton (Achilles) will sit out the entire 2025-26 NBA campaign after having surgery to repair a torn right Achilles tendon. "I have no doubt that he will be back better than ever," Pacers president Kevin Pritchard said Monday. "The surgery went well. It was a little higher and he gets more blood to that [as he recovers]. He will not play next year though. We would not jeopardize that now. So don't get any hopes up that he will play." It's unfortunate that Haliburton will miss the whole season, but it makes no sense for the Pacers to rush him back. With Haliburton on the shelf, Andrew Nembhard and T.J. McConnell will share the playmaking duties in the Pacers' backcourt.
Orlando Magic forward Paolo Banchero has agreed to a five-year rookie max extension worth $239 million, which could reach approximately $287 million should he become eligible for a supermax deal. The agreement includes a player option for the final year in 2030-31. It's the largest contract in Magic history, topping a $224 million pact Franz Wagner signed with the team a year ago. Banchero missed 34 games due to an oblique injury in 2024-25, but he became only the third Magic player to average over 25 points per game. The 22-year-old posted 25.9 points, 7.5 rebounds, and 4.8 assists. He seems poised to be a fantasy standout for many years to come.
Free agentKyle Lowry signed a one-year deal worth $3.6 million contract to return to the Philadelphia 76ers for the 2025-26 season on Monday. The upcoming campaign will be the third for Lowry in Philadelphia. The 39-year-old is no longer considered a valuable fantasy asset at this point in his career as he averaged a career-low 3.9 points, 2.7 assists, and 1.9 rebounds in 18.8 minutes per game across just 35 outings last season. However, he could see an uptick in minutes at the beginning of the upcoming year with Jared McCain(knee) recovering from a torn meniscus.
On Monday, the Miami Heat traded forward Kyle Anderson and Kevin Loveto the Utah Jazz in a three-team deal that sentJohn Collins (ankle) to the Clippers andNorman Powell to the Heat, per Shams Charania of ESPN. Utah also received a 2027 second-round pick from Los Angeles. The 31-year-old Anderson has two more years remaining on his contract, which is worth $18.8 million. During the 2024-25 regular season, he averaged 5.9 points, 3.4 rebounds, and 2.4 assists in 16.4 minutes across 61 contests. Acquiring Anderson provides a young Jazz team with veteran leadership going into the upcoming season.
ESPN's Shams Charania reports that the Miami Heat traded forwards Kevin Love and Kyle Anderson to the Jazz in a three-team deal that sentJohn Collins(ankle) to the Clippers andNorman Powellto the Heat on Monday. Utah also received a 2027 second-round pick from Los Angeles. It's unclear if Love will stay in Utah as the 36-year-old averaged 5.3 points, 4.1 rebounds, and 1.0 assists across just 23 regular-season contests during the 2024-25 campaign.
According to ESPN's Shams Charania, the Miami Heat acquired guard Norman Powell from the Los Angeles Clippers on Monday in a three-team deal that sent former Utah Jazz forward/center John Collins to the Clippers. The trade also included forwards Kevin Loveand Kyle Anderson and a 2027 second-round pick landing in Utah. Powell is on an expiring contract worth $20.48 million after posting averages of 21.2 points, 3.2 rebounds, 2.1 assists, 1.2 steals, and 2.9 three-pointers during 60 regular-season contests in 2024-25. The 32-year-old could be a valuable fantasy asset for the upcoming campaign, playing alongside new teammates Bam Adebayoand Tyler Herro.
According to ESPN's Shams Charania, the Los Angeles Clippers acquired forward/center John Collins from the Utah Jazz on Monday in a three-team deal that sent guardNorman Powell to Miami. The trade also included forwards Kevin Love,Kyle Anderson and a 2027 second-round pick landing in Utah. Collins averaged 19.0 points, 8.2 rebounds, 1.0 blocks, and 1.0 steals last season. He also shot 39.9% from behind the arc. He was limited to just 40 games due to various injuries. The 27-year-old will likely come off the bench for the Clippers, potentially in a sixth-man role for the upcoming campaign.
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