Shai Gilgeous-Alexander just made himself a whole lot of money.
The Oklahoma City Thunder guard was named NBA MVP on Wednesday, which sent his earning power skyrocketing. The 26-year-old is now eligible for a massive contract extension thanks to winning MVP and being named All-NBA in three of the last four seasons.
ESPN's Bobby Marks broke down Gilgeous-Alexander's options on X. He met the supermax contract criteria last season after making All-NBA teams in two of the previous three seasons, but was ineligible to sign one due to not having enough service time. That has now changed.
This offseason, Gilgeous-Alexander can sign a four-year, $293 million extension with the Thunder. But, because he won MVP, he is eligible to sign a five-year, $380 million extension, though he would have to wait until 2026 to do so. The latter extension would have also been available to him for making the All-NBA team this season.
So he can sign a four-year deal worth $293 million this offseason, or wait a year, hope he stays healthy and ink a five-year, $380 million deal. He'll either have an average annual value of $73.25 million or $76 million if he takes one of the max deals.
Gilgeous-Alexander had a remarkable 2024–25 campaign. He led the NBA in points per game (32.7), while averaging five rebounds, dishing out a career-best 6.4 assists and hitting a career-best 37.5% from three-point range. He did that while leading the Thunder to the best record in the NBA and the Western Conference finals.
Now he has some financial decisions to make.