Shai Gilgeous-Alexander just made NBA history — again.
Fresh off an MVP season capped by a Finals triumph, Gilgeous-Alexander has agreed to a four-year, $285-million supermax extension with the Oklahoma City Thunder, according to senior NBA insider Shams Charania.
BREAKING: NBA MVP Shai Gilgeous-Alexander has agreed to a four-year, $285 million super maximum contract extension with the championship Oklahoma City Thunder through 2030-31, sources tell ESPN. This is now the richest annual salary for a player in league history.
— Shams Charania (@ShamsCharania) July 1, 2025
The deal carries an average annual value of $71.25 million, the richest in league history.
SGA led the league in scoring at 32.7 points per game and swept major honors — regular-season MVP, Western Conference Finals MVP, and Finals MVP — while leading the Thunder to their first NBA championship since relocating to Oklahoma City. The title came after a grueling seven-game series win over the Indiana Pacers.
He became just the fourth player in league history to win the scoring title, MVP, and NBA championship in the same season, joining Kareem Abdul-Jabbar, Shaquille O’Neal and Michael Jordan.
[ALSO READ: Shai Gilgeous-Alexander is Finals MVP as Thunder win first NBA championship]
The extension — which begins in the 2027-28 season and runs through 2030-31 — keeps Gilgeous-Alexander in Oklahoma City through the end of the decade and underscores the Thunder’s long-term commitment to the 26-year-old superstar.
[ALSO READ: SGA drops bars vs Thunder critics: 'Only competition is the man in the reflection']
According to NBA front office senior insider Bobby Marks, the deal includes annual salaries of $63.5 million in 2027-28 and nearly $79 million in 2030-31, making Gilgeous-Alexander the first player to average more than $70 million per season and the first to eclipse $75 million in a single year.
During the playoffs, Gilgeous-Alexander averaged 29.9 points, 5.3 rebounds, 6.5 assists and 1.7 steals, and scored 20 or more points in 72 straight games — the fourth-longest such streak in NBA history. His 3,172 combined points in the regular season and playoffs were the most since Jordan’s 1992-93 campaign.
He also led the league with a +918 plus-minus — the highest mark since Stephen Curry during Golden State’s 2016-17 title run.
With this extension, Gilgeous-Alexander becomes just the 15th player to sign a supermax deal under the NBA’s current collective bargaining agreement. He joins the likes of Stephen Curry, Giannis Antetokounmpo, and Jayson Tatum — whose own record-breaking contract was just surpassed by SGA’s unprecedented annual figure.
