The Oklahoma City Thunder have secured their franchise cornerstone by signing reigning MVP and Finals MVP Shai Gilgeous‑Alexander to a four-year, $285.4 million supermax extension, according to ESPN’s Shams Charania.

This new supermax is the largest annual NBA contract in history at approximately $71.35 million per season. The deal runs through the 2030-31 season, anchoring Oklahoma City’s title-contending core.

SGA’s 2024–25 campaign was historic. He led the league with 32.7 points per game, added 6.4 assists, 5.0 rebounds, and 1.7 steals, earning both regular-season and Finals MVP honors while guiding the Thunder to their first NBA championship in Oklahoma City. In the Finals, he averaged nearly 30 points per game, solidifying his ascent into elite league company alongside legends like Jordan, O’Neal, and Abdul‑Jabbar.

Thunder GM Sam Presti called the move a decisive step in sustaining the franchise's momentum: “He’s gotten better every single year,” Presti said, acknowledging the player’s cultural and competitive impact. The structure allows OKC to retain financial flexibility, keeping SGA locked in at historic value while preserving space to build a supporting cast around him.

ANALYSIS: This historical precedent allows SGA to join an exclusive group with Michael Jordan, Shaquille O’Neal, and Kareem Abdul‑Jabbar as the only players to win MVP, Finals MVP, and a scoring title in a single season. With this extension, the Thunder secure their generational talent at least through his age-33 season, ensuring continuity after their breakthrough title run. Despite the record-setting deal, OKC remains positioned to leverage its youth, draft assets, and cap flexibility for future moves.

This supermax extension solidifies Shai Gilgeous‑Alexander’s status as the face of the Thunder for the next half-decade. At the peak of his powers, he ensures Oklahoma City’s championship aspirations remain front-and-center – and the Thunder’s window for dominance stays wide open.