Shai Gilgeous-Alexander is eligible for a four-year, $293 million supermax contract extension, but also has the option to wait and sign a five-year, $380 million max deal next summer.
What Is the Shai Gilgeous Alexander Contract Extension?
- Extension available summer 2025: Four-year deal worth ~$293 million (avg $73.25 M/year).
- Option to delay: Waiting until summer 2026 unlocks a five-year deal worth ~$380 million (avg $76 M/year.
- § This supermax is possible due to Shai’s MVP award and consecutive All-NBA selections, which qualify him at 35% of the salary cap.
Why He Qualifies for a Max Contract
- MVP status: Named 2024–25 NBA regular-season MVP and Finals MVP.
- All-NBA standard: At least two straight All-NBA First Team selections.
- Service time: Completed enough NBA service to reach supermax criteria by summer 2025.
Shai Gilgeous Alexander Max Contract Breakdown
| Year | Contract Option | Annual Salary Approx. |
| 2025–26 | 4‑yr extension | $65.5 M → rising each year |
| 2026–27 | “ | $70–75 M range |
| Waiting Option | 5‑yr deal starts 2026–27 | $76 M average annually |
Four-year extension adds ~$293 M in new money.
- Five-year deal yields ~$380 M new money, averaging $76 M/year.
How Much Does Shai Gilgeous Alexander Make Right Now?
- Current 2024–25 salary: ~ $30.9 million.
- His salary increases next year to ~$33.4 million before the extension starts.
Total Contract Value & Earnings Perspective
- With a four‑year extension, the combined value reaches ~$357.7 million over six years (2025–2031).
- With a five‑year delay: New max deal of ~$380 M plus one final year under the current deal pushes total to over $413 M.
- This would make SGA one of the highest-earning players per season (~$76–80 M/year).
Shai Gilgeous Alexander Salary 2024 vs Extension Prospects
- 2024–25: ~$30.9 M.
- 2025–26: ~$33.4 M pre-extension.
- 2026–27 onward:
- Option A: 4‑year deal starts (~$65.5 M/year).
- Option B: Wait and sign ~$76 M average annual salary.
Thunder Salary Cap & Roster Impact
- OKC can afford the short-term hit due to its efficient salary structure, but financing a $380 M, five-year deal alongside rising salaries for Holmgren and Williams will require careful cap management.
What Fans in the Philippines Should Know
- SGA’s elite scoring and playmaking justify his max contract – at 32.7 ppg and 6.4 apg, he’s a franchise cornerstone.
- A large contract is a statement of loyalty to the Thunder and a win for fans.
- For Filipino basketball fans, SGA’s decision symbolizes ambition and commitment—traits revered in Philippine hoops culture.
Conclusion
Shai Gilgeous Alexander contract talks involve a four-year, $293 million extension this summer or a five-year, $380 million max next year—making him one of the highest-paid NBA players ever. Whether he signs now or waits, both deals reflect his MVP-caliber talent and value to the Thunder. Don’t miss the full breakdown of this historic Shai Gilgeous Alexander contract.
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Frequently Asked Questions
What is the value of Shai Gilgeous Alexander’s current contract?
His rookie deal plus the upcoming extension will total nearly $358 million over six years, or over $413 million if he delays signing a five‑year max.
How much does Shai Gilgeous Alexander make in 2024–25?
He earns approximately $30.9 million this season, with a projected $33.4 million in 2025–26 before starting the extension.
What makes Shai eligible for a supermax contract?
Winning the MVP award and earning consecutive All-NBA First Team selections qualify him under the 35% salary cap rule.
Should he sign now or wait?
Signing now secures a hefty four‑year, $293 M deal; waiting could yield a five‑year, $380 M max. It’s a risk vs. reward decision based on health and personal goals.
How does this contract compare to other NBA stars?
His deal would rank among the highest annual salaries ever, rivaling players like Jayson Tatum and potentially making SGA the first $80 M‑a‑year player.