The Oklahoma City Thunder signed Chet Holmgren for 5 years and 250 million dollars max.
It's really unbelievable money. I still don't understand how they pay these money to these players. I don't think he deserves this contract.
Let's see how long we will see such big contracts.
Business. If they manage to win back to back championships with that lineup then it's definitely worth it. There are so many ways an NBA team/franchise can earn that money back for their organization. You can simply Google or ask any AI like ChatGPT how they're able to afford paying players that much or ask why they’re willing to pay that such amount.
But to answer your question simply: it's because owning an NBA franchise is a business.
Yes, it boils down to business, and we all know that NBA owners are Billionaires, and so by that maybe they could get a chunk from their own money. And then they have TV deals, or even sponsorship, and obviously ticket sales. There are a lot of ways that NBA owners can raise revenue for them to be able to pay their players with max contract, just like in this case.
And for me Chet Holmgren really deserves that contract. Chet Holmgren > Wemby.
He plays a vital role in their championship run, although he might be push by heavier center, Chet was always there for them as he is a two way player. And as fans of basketball, we are happy to see this players getting paid but hopefully they can still perform high level and will not be that confident but lacking the game play just because of their huge contract. So it comes with responsibility as well.