REPORT: Shai Gilgeous-Alexander signs massive $170 million max rookie extension with Thunder
Despite recent rumors suggesting they are losing faith in Shai Gilgeous-Alexander, the Oklahoma City Thunder shut them all down by committing to the young scorer.
According to Adrian Wojnarowski of ESPN, Gilgeous-Alexander and the Thunder have agreed to a five-year, $172 million maximum rookie extension. The deal also includes a 30 percent escalator clause that would turn the guaranteed $172M base into $207M should Gilgeous-Alexander be voted onto one of the three All-NBA teams.
Oklahoma City Thunder guard Shai Gilgeous-Alexander has agreed to a five-year, $172 million maximum rookie contract extension, his agent Thaddeus Foucher of @Wasserman tells ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
Shai Gilgeous-Alexander is the second member of the 2018 draft class to agree to an extension after Trae Young reached a five-year, $207 max extension with the Atlanta Hawks as well.
The youngster, who was acquired in the Paul George trade back in 2019, has been the cornerstone to the Thunder’s rebuild. Ever since the trade, the Canadian’s numbers have jumped from averaging 10.8 points with the Clippers to averaging 19 points in his first season with the Thunder.
Gilgeous-Alexander posted a career-high in points for the Thunder last season as he averaged 23.7 points on 50.8% shooting while grabbing 4.7 rebounds and dishing out 5.9 assists.
The contract extension with the Thunder is not a surprise as Gilgeous-Alexander showed his potential and his capabilities of carrying a team in his back.
It would not be surprising if SGA plays at a whole different level in years to come as he will be extremely motivated to enter the All-NBA team for his bonuses to kick in.