Shai Gilgeous-Alexander and the Oklahoma City Thunder have agreed on a record-setting four-year, $285 million extension that would give him the highest average annual salary in NBA history.

Oklahoma City Thunder star Shai Gilgeous-Alexander has agreed a four-year $285 million contract extension, the richest per-year contract in NBA history, US media reports said Tuesday (Wednesday in Manila).

Per CBS Sports Research, Shai Gilgeous-Alexander is now the highest-paid player in the NBA by AAV, with his $71.3 million AAV now $7M richer than Joel Embiid's $64.3M. Jayson Tatum ($62.8M), Giannis Antetokounmpo ($58.5M) and Anthony Davis ($58.5M) round out the top five.