Shai Gilgeous-Alexander has agreed to a record-setting four-year, $285m extension with the Oklahoma City Thunder, a deal that will see him earn the highest single-season average salary in NBA history. The agreement, confirmed by a person with knowledge of the terms on Tuesday, is expected to be formally announced once the league’s moratorium on most offseason signings is lifted on Sunday. ESPN was the first to report the news.
The timing of the announcement, coinciding with Canada Day, is a fitting tribute to the 26-year-old from Ontario, who is fresh off one of the most dominant seasons in recent NBA memory. Based on current salary cap projections, Gilgeous-Alexander is set to earn around $63 million in the first season and nearly $79 million during the 2030-31 season. The exact numbers will not be finalized until June 2027.
