Shai Gilgeous-Alexander Contract: Thunder Star Set To Remain In Oklahoma City With Long-Term Lucrative Deal

Shai Gilgeous-Alexander - Oklahoma City Thunder v Sacramento Kings
(Photo : Ezra Shaw/Getty Images) SACRAMENTO, CALIFORNIA - DECEMBER 14: Shai Gilgeous-Alexander #2 of the Oklahoma City Thunder stands on the court during their game against the Sacramento Kings at Golden 1 Center on December 14, 2023 in Sacramento, California.

Oklahoma City Thunder guard Shai Gilgeous-Alexander has firmly cemented his status as one of the league's elite players over the last two seasons.

The 6-foot-6 guard was selected by the Los Angeles Clippers in the 2018 NBA Draft with the 11th overall pick.

After spending his rookie season with the franchise, he was traded to the Thunder in the summer of 2019 in the deal that sent star forward Paul George to the Clippers.

The 25-year-old star experienced a breakout year in 2022-23, culminating in his first NBA All-Star Game appearance and his first All-NBA selection, earning a coveted spot on the First Team.

During the offseason, Gilgeous-Alexander played a crucial role in leading his native country Canada to a bronze medal at the 2023 FIBA Basketball World Cup, solidifying his reputation as a top-tier talent on both the NBA and the international stage. 

Let's take a look at the details of Shai Gilgeous-Alexander's contract, career earnings and salary.

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Shai Gilgeous-Alexander Contract: $207 million

In the summer of 2021, Gilgeous-Alexander signed a lucrative five-year contract extension with the Oklahoma City Thunder initially valued at $172 million.

However, the deal had the potential to escalate to $207 million if Gilgeous-Alexander earns a spot on one of the three All-NBA teams during the contract's duration. 

In the 2022-23 season, he achieved this milestone, earning a position on the All-NBA First Team, triggering the escalation in his contract value. 

Prior to his current deal, Gilgeous-Alexander was on a rookie scale deal worth $16,965,132 over the course of his first four seasons in the league, signed upon being drafted by the Clippers in 2018.

Shai Gilgeous-Alexander Career Earnings

By the conclusion of the 2023-24 NBA season, Gilgeous-Alexander is expected to have garnered a career earnings total of $81.01 million from his NBA salary alone, in his six-season journey in the league, as detailed by Spotrac.

It's important to note that this amount does not include any additional income he may have generated from off-court pursuits, such as endorsement agreements.

Additionally, this figure doesn't account for deductions for taxes, agent fees, or other related business expenses.

Upon reaching the end of his existing contract following the 2026-27 NBA season, the former Kentucky player is forecasted to have accumulated career earnings surpassing $196 million. 

As he negotiates his next contract, likely occurring in his prime when he is either 28 or 29 years old, there is potential for Gilgeous-Alexander to secure another lucrative NBA deal before transitioning into a veteran role. 

Shai Gilgeous-Alexander Salary 2023-24

Gilgeous-Alexander is slated to earn $33,386,850 during the current 2023-24 NBA season, making him the highest-paid player on the Oklahoma City Thunder roster, as reported by HoopsHype.

Last season, Gilgeous-Alexander's earnings amounted to $30,913,750, representing the first year of his renewed contract.

This notable increase is particularly striking when compared to his salary from the 2021-22 season, which stood at $5,495,532. The remarkable surge in earnings showcases an impressive nearly five-fold rise in just a single year.

Gilgeous-Alexander's earnings are poised to escalate in the upcoming years, with his salary projected to be $35,859,950 for the 2024-25 season.

This figure is anticipated to further increase to $38,333,050 in 2025-26 and reach its peak at $40,806,150 in the 2026-27 season, which represents the final year of his existing contract.

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