Chet Holmgren net worth in 2026 is under fresh spotlight following his first NBA All-Star selection in February, a milestone that strengthens his market value as his five-year maximum contract extension and growing endorsement portfolio drive a sharp rise in earnings.
In February 2026, Chet Holmgren reached another career milestone. The Oklahoma City Thunder center earned his first NBA All-Star selection, capping off a strong first half of the 2025–26 season and further cementing his role as one of the league’s most important young big men.
At 7-foot-1, Holmgren has become central to Oklahoma City’s long-term plans. Since being selected No. 2 overall in the 2022 NBA Draft, he has grown from a highly anticipated prospect into a core piece of a team firmly in the Western Conference title conversation.
His All-Star nod reflects that rise, and it comes at a time when his financial profile is expanding just as quickly as his on-court impact.
Chet Holmgren Net Worth 2026 and $250M Contract
Exact figures for Holmgren’s personal net worth are not publicly available. However, contract data and confirmed salary numbers outline a clear trajectory.
By the end of the 2025–26 season, Holmgren will have earned roughly $45.2 million in NBA salary. That figure stems from his original rookie-scale agreement, signed after he entered the league in 2022.
His earnings increased each year under that structure, with $13.7 million scheduled for 2025–26, the final season of the deal.
The major shift came in July 2025, when Holmgren agreed to a fully guaranteed five-year maximum rookie extension with the Thunder.
The contract is reported to be worth between $240.7 million and $250 million, depending on escalators tied to performance benchmarks. Beginning in the 2026–27 season, his annual salary is projected to rise to approximately $41 million, with increases built into the remaining years.
When combining his rookie contract and the new extension, Holmgren’s guaranteed NBA earnings approach $285–$295 million over the life of the agreements. That figure excludes playoff bonuses, incentive clauses, and other performance awards that may add to total compensation.
Salary, Contract, and Career Earnings Breakdown
Like most top draft picks, Holmgren entered the league on a structured rookie-scale deal tied to his draft position. Even though an early injury sidelined him for his first season, the financial terms of his contract were unaffected.
Under the league’s collective bargaining agreement, his salary increased each year incrementally, ultimately reaching $13.7 million for the 2025–26 season, the final year of his rookie contract.
His financial outlook was redefined by the five-year extension that he signed in July 2025. The deal, which is valued at over $48 million on average annually, puts him among the highest-paid young players in the league and indicates the long-term commitment of Oklahoma City.
Other than salary, Holmgren has created other sources of revenue. He has partnership deals with such brands as Philips Norelco, Ethika, Google Pixel, and Neiman Marcus.
Prior to entering the league, he also secured a high-profile NIL partnership with Topps during his amateur career, giving him early commercial visibility.
Combined, the financial career of Holmgren is a reflection of his career growth on the court. Since his rookie-level salary, his salary now matches his position as a franchise stalwart and first-time All-Star as the second half of the 2025-26 season approaches.
Frequently Asked Questions (FAQs)
1. When and where was Chet Holmgren born?
Chet Holmgren was born on May 1, 2002, in Minneapolis, Minnesota. He grew up playing basketball under the guidance of his father, Dave Holmgren, a former University of Minnesota player.
2. Where did Chet Holmgren play high school and college basketball?
Holmgren studied at Minnehaha Academy in Minneapolis, where he emerged as one of the best national recruits. He then spent one season at Gonzaga (2021-22) before joining the 2022 NBA Draft.
3. When was Chet Holmgren drafted into the NBA?
He was selected with the No. 2 overall pick in the first round of the 2022 NBA Draft by the Oklahoma City Thunder. He has remained with the franchise since turning professional.
4. What position does Chet Holmgren play, and how tall is he?
Holmgren plays center and power forward for the Oklahoma City Thunder. He is listed at 7 feet 1 inch (2.16 meters) and 208 pounds (94 kg).
5. What are Chet Holmgren’s major career achievements so far?
His awards are NBA Champion (2025), NBA All-Star (2026), NBA All-Rookie First Team (2024), and several Gonzaga awards, as well as a gold medal and MVP at the 2021 FIBA Under-19 World Cup.
