Historic Deal Keeps Shai Gilgeous-Alexander in Oklahoma City Through 2031
Shai Gilgeous-Alexander and the Oklahoma City Thunder have agreed to a four-year, $285 million supermax contract extension.
The reigning NBA MVP and Finals MVP is secured through the 2030-31 season. The extension, which begins after his current deal expires in 2027, will pay Gilgeous-Alexander an average of more than $71 million per season—the richest annual salary in NBA history.
Gilgeous-Alexander, 26, has now signed two extensions with the Thunder since arriving in 2019 as part of the blockbuster Paul George trade. His new deal cements his status as the face of the franchise and ensures Oklahoma City’s championship core remains intact as the team prepares to open its new arena in the coming years.
MVP Season Caps Thunder’s Remarkable Rise
The extension comes on the heels of a historic season for Gilgeous-Alexander and the Thunder. SGA led the league with 32.7 points per game in the regular season and averaged 30.3 points in the NBA Finals, guiding Oklahoma City to its first-ever NBA championship.
He joined an exclusive club by winning both regular-season MVP and Finals MVP in the same year—a feat previously accomplished by legends like Michael Jordan, LeBron James, and Larry Bird.
Gilgeous-Alexander also became the first player since Shaquille O’Neal in 2000 to win the scoring title and an NBA championship in the same season, and his 3,172 combined points (regular season and playoffs) were the most since Jordan’s 1992-93 campaign. His consistency was remarkable: he scored 20 or more points in 72 consecutive games, the fourth-longest such streak in NBA history.
Thunder general manager Sam Presti praised Gilgeous-Alexander’s leadership and commitment, noting that the Canadian guard remained loyal through the franchise’s rebuilding years and was instrumental in Oklahoma City’s rapid ascent from the lottery to a 68-win championship season.
Franchise Cornerstone for the Next Era
With this extension, the Thunder have locked in their franchise cornerstone for the rest of the decade, ensuring that Gilgeous-Alexander will lead the team into its new arena and beyond. The deal also signals Oklahoma City’s intent to remain at the forefront of NBA contention, with a young core that includes Jalen Williams and Chet Holmgren.
Gilgeous-Alexander’s supermax extension not only rewards his individual brilliance but also represents a major statement of ambition from the Thunder, who are positioned to be a force in the Western Conference for years to come.