sportsdunia logo
Search Icon

Advertisement

OppaTopBannerAdDesktop

Advertisement

Chet Holmgren Net Worth: Breaking Down Contract, Endorsement, and More

9 min
Chet Holmgren Endorsement
Table of content

When Chet Holmgren missed his first season due to a season-ending foot injury, his career was almost expected to be a roller coaster ride like other injured players who had potential. However, he bounced back from all those speculations without taking his health for granted. He made sure that health was not compromised in any way and hence was able to put up consistent numbers in terms of rebounds and scoring in the paint. That's why he has emerged as the most promising prospect after two seasons with the Oklahoma City Thunder in the league.

Even before the NBA, from Chet Holmgren's high school to college at Gonzaga, he was a popular student due to his big frame and performance. That's why even the brands were lined up to offer him deals during his collegiate career. Today, we will be discussing Chet Holmgren's net worth regarding his past associations with brands to current developments after he entered the NBA.

Chet Holmgren Net Worth in 2025

Chet Holmgren Jewelry
Image Credits: Chet Holmgren's Official Instagram Handle

Chet Holmgren’s net worth is estimated to be around $10 million in the 2025 season. Mostly, he was a famous athlete throughout his basketball career, but his net worth soared through the roof after he made his debut for the Oklahoma City Thunder in the National Basketball Association.

Chet has been consistent with his performance in the league so far. He tallied 16.5 points, 7.9 rebounds, and 2.4 assists during his rookie season. Later on, he went on to average 15 points, 8 rebounds, and 2 assists in the 2024-25 season.

He is 7 feet 1 inch tall and already performing as a star in the league. That's why he has a greater possibility of dominating the league in the future due to future endorsements and success.

Advertisement

4RA Incontent ad

Chet Holmgren Salary

Chet Holmgren Salary
Image Credits: Chet Holmgren's Official Instagram Handle

When the Oklahoma City Thunder picked Chet Holmgren as the overall second pick from the 2022 Draft class, they signed him to a 4-year, $44.89 million Rookie Scale contract on July 1, 2022. However, while playing in the Pro-Am tournament, Holmgren injured his foot, resulting in a Lisfranc injury. It required a long time for rehabilitation, and that's why Chet had to drop the 2022-23 season for recovery.

Therefore, OKC applied for a $4,945,620 Disabled Player Exception during the 2022-23 season.

In October 2023, Oklahoma management exercised a $10.88 million option for 2024-25. For the upcoming season, the OKC star is expected to get a $13.73 million option for 2025-26 that his team exercised last season. So in the current season, Chet will earn about $10.8 million. We have curated a salary breakdown of Chet Holmgren's salary that he is set to receive in the upcoming years and what he received in the previous seasons, as per Spotrac data:

Chet Holmgren Contract

Chet Holmgren Contract
Image Credits: Chet Holmgren's Official Instagram Handle

Currently, Chet Holmgren is on a four-year rookie scale contract with the Oklahoma City Thunder worth $44.89 million, fully guaranteed. The contract also has a fifth-year qualifying offer. But the conditions for extending the offer depend on the franchise as well as the cap inflation in the NBA league due to any other changes.

Contract Highlights:

  • Signed: July 1, 2022

  • Duration: 4 years (with a 5th-year qualifying offer)

  • Total Value: $44.89 million

  • Guaranteed Money: 100%

  • Bonuses: Potential performance bonuses for All-Rookie team selections and performance milestones

Holmgren's performance has been solid so far, with his 15 points and 8 rebounds per game average that he showcased in the current season for the OKC squad. Even in the previous season, he tallied 16.5 points per game and almost 8 rebounds per game.

Advertisement

Fanatics Banner

Chet Holmgren Endorsements and Sponsorships

Chet Holmgren Nike Shoes
Image Credits: Chet Holmgren's Official Instagram Handle

Chet Holmgren has secured various deals with brands including the likes of Philips Norelco, Ethika, Google Pixel, and Neiman Marcus. He has slowly taken over the marketing campaigns with his big frame and success on the court, but it all started when he was just a basketball player studying in high school.

Nike

As per Sports Illustrated's report, Nike had signed the initial 15 draft picks from Chet Holmgren's draft class for a shoe deal since the top picks from the draft usually make it big in the league.

There is no disclosure about the terms of the deal, but given the mass signing that Nike does, it is expected that its worth is around $1 to $2 million. Chet is so important to the shoes and apparel brand that they signed him even when he missed the entire rookie season with a foot injury.

Neiman Marcus

Holmgren has also inked an endorsement deal with Neiman Marcus, which is a chain of luxury department stores. The activities that were part of the contract for Chet were brainstorming sessions and fittings with stylists from Neiman Marcus and Zegna to curate looks for the 2022 NBA Draft. The Draft was held at the Barclays Center in Brooklyn, New York.

Other Brands

He also partnered with Ethika, a leading lifestyle brand. Holmgren is a brand ambassador, and this allows the brand company to create exclusive products. Holmgren is also part of Philips Norelco's One Blade campaign. It is a shaving special electronics men's grooming tool from Philips.

Holmgren is also involved in promotional activities with brands like Google Pixel that include on-site appearances during Draft week, as per Loeb.

Topps

While Chet Holmgren was at Gonzaga, he signed with the trading cards and collectibles brand, Topps. As per the Forbes report, it was the largest name, image, and likeness deal it has ever made with a collegiate athlete. On joining the brand, Holmgren expressed his delight, saying, “I am beyond excited to be partnering with such an iconic company like Topps, who has showcased some of the best athletes in the world over the last 80 years.”

As part of the deal, the developments will feature a player-curated set, an artist-based set, and Topps NOW cards that capture highlights from the current basketball season. Moreover, there will be a limited-edition card that will see 100 percent of its proceeds going to benefit Can Do Canines. It is a nonprofit organization that promotes the quality of life for people with disabilities by creating mutually beneficial partnerships with specially trained dogs.

Chet Holmgren Investments

Chet Holmgren Investments
Image Credits: Chet Holmgren's Official Instagram Handle

There is not much information available about Chet Holmgren's investments since he is one of the new prospects in the league who is currently focusing on earning money from the franchises so far. However, since companies like Coinbase are the sponsors of the league, he might be involved with some investments:

  • Cryptocurrency investments, promoted by sponsors, and Holmgren has expectedly invested his money in Ethereum and Solana.

  • As per assumptions, Chet also has a minority stake in a fitness app startup that helps athletes and sports trainers.

Advertisement

Skyscanner Banner

Chet Holmgren Assets

Chet Holmgren in Audi RS 7 ad
Image Credits: Chet Holmgren's Official Instagram Handle

Chet has been holding on to some assets since he was a young NBA star. However, he does not market his assets on social media for most of the time. Although he has displayed some of his assets on his social media profile, and based on that information, we have curated the list of the assets that Holmgren has under his possession.

Car Collection

Chet Holmgren is also a car enthusiast, as he got behind the wheel of the Audi RS 7 in one of the social media posts on his Instagram profile. As per the profile of this flagship RS specification, the price of this car is expected to be $120,900. Apart from that, Audi RS 7, Chet might also be holding on to other elite cars from other brands. However, he has not revealed it on any of the platforms or his social media profile.

Properties

Chet currently lives in Oklahoma, but there’s no confirmed info about his house or how much it costs. Considering his earnings from the league, it’s fair to assume it’s a serious upgrade from the dorms at Gonzaga.

However, the highlight here is that Chet is also involved in the philanthropic efforts. Holmgren has donated winter coats in Minnesota, built basketball courts in underserved Oklahoma neighborhoods. He is just a new prospect, yet he is grounded in terms of his efforts for people.

Other Assets

Jewelry Collection – Holmgren owns custom pieces from Icebox and other high-end jewelers, but he likes to keep it simple since he has been seen wearing a platinum trio of chains on various occasions. Apart from that, Chet Holmgren has not been witnessed to be getting involved in any other kind of luxuries in his life.

Advertisement

FAQs

What is Chet Holmgren’s net worth?

+

Chet Holmgren's net worth is expected to be $10 million in the 2025 season.

How does Chet Holmgren make money?

+

Chet Holmgren primarily makes money through his NBA salary and various endorsement deals.

What was Chet Holmgren’s biggest contract?

+

Chet Holmgren's biggest contract is a four-year, $44,889,248 deal with the Oklahoma City Thunder.

Which brands sponsor Chet Holmgren?

+

Chet Holmgren is sponsored by several brands, including Nike, Gatorade, Ruffles, Panini, Philips Norelco, Ethika, Google Pixel, Neiman Marcus, and Topps.

How much does Chet Holmgren make from endorsements?

+

There is no availability of any particular figure to pinpoint the money that Chet Holmgren makes from endorsements.

What businesses does Chet Holmgren own?

+

Chet Holmgren does not own any businesses in the traditional sense.

What is Chet Holmgren’s most expensive purchase?

+

Chet Holmgren's most expensive purchase was a one-of-one autographed rookie card of himself, which sold for $144,000 at auction. 

Conversation

(0 Comments)

Loading comments...

Trending

Edited by- Gincy Abraham
Follow Us:
sportsdunia google newssportsdunia google news

Editor's Pick