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Thunder Win First Championship Since Move; SGA Named Finals MVP

June 22nd 2025 at 10:07pm CST by Dana Gauruder

The Thunder claimed their first NBA championship since the franchise moved to Oklahoma City, as they defeated the depleted Pacers, 103-91, in Game 7 on Sunday.

Seattle, which won the championship in 1979, relocated to Oklahoma City in 2008. The Pacers, who have never won an NBA title, played the last three quarters without Tyrese Haliburton, who suffered an Achilles injury in the first quarter.

Shai Gilgeous-Alexander, this season’s Most Valuable Player, also earned Finals MVP honors, the league announced (via Twitter). It’s the 16th time a player has won both in the same year, though it hasn’t happened since LeBron James pulled it off during the 2012/13 season.

The Thunder should be major contenders for years to come with their young core, featuring Gilgeous-Alexander, Jalen Williams and Chet Holmgren. The top priorities for the Thunder this offseason center around extensions.

Gilgeous-Alexander has met the performance criteria for a super-max contract and will become eligible to sign that extension next month. The 2024 MVP runner-up still has two years left on his current deal and can’t exceed six years in total, so the maximum value of his extension would be a projected $293.4MM over four years, beginning in 2027/28.

Williams and Holmgren are eligible for rookie scale extensions until the beginning of next seasons and both could receive the max – five years and a projected $246MM. The maximum value of those extensions could increase to a projected $296MM if All-NBA, MVP or Defensive Player of the Year honors are negotiated into the contracts.

The Pacers’ offseason outlook could change dramatically due to Haliburton’s injury. Myles Turner, their starting center, is headed to unrestricted free agency and while the Pacers reportedly want to re-sign him, they could have plenty of competition. Bennedict Mathurin is eligible for a rookie scale extension.

Several other key players, including Haliburton and Pascal Siakam, are signed through at least the 2027/28 season. Could they look to shed salary in light of Haliburton’s injury?

With the NBA Finals decided, the 2025 NBA offseason is officially underway. For the second straight year, teams will be permitted to negotiate contracts with their own free agents one day after the Finals. Players who won’t be free agents this offseason but who will become eligible to sign contract extensions on July 6 will also be permitted to begin negotiations with their current teams on Monday.

Thus, it wouldn’t be surprising if some agreements are reported this week. Free agent contracts still can’t be officially finalized until after the July moratorium lifts on July 6.

The draft will be held on Wednesday and Thursday, with free agency beginning on June 30 at 6 p.m. Eastern time.

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