Rockets locking up Fred VanVleet with $50 million contract



The Rockets are keeping a key piece in the fold after acquiring a new one.

On the heels of acquiring Kevin Durant on Sunday, Houston is on the verge of signing Fred VanVleet to a two-year, $50 million deal, per ESPN’s Shams Charania.

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The Rockets are declining the 31-year-old’s $44.9 million option for next season ahead of the new deal, which comes with a player option for the 2026-27 season.

VanFleet during his time with the Toronto Raptors. AP

It’s the latest move in what’s been a busy offseason for Houston, which had already added Durant in a blockbuster deal with the Suns, extended center Steven Adams on a three-year, $39 million deal and inked a long-term extension with coach Ime Udoka.

VanVleet, who came to the Rockets as a free agent in 2023 on a three-year, $128.5 million deal, has helped pull Houston from the bottom of the West to a contender.

Van Vleet with the Rockets during the 2025 NBA playoffs. Kelley L Cox-Imagn Images

The Rockets returned to the playoffs this season for the first time since 2020 as a No. 2 seed, getting bounced in the first round by the Warriors.

Despite averaging 14.1 points during the regular season, VanVleet, an NBA champion in 2019 with the Raptors, turned it up a notch with 18.7 points per game and 4.4 assists over the seven-game series

It earned him a bit more overall guaranteed money in Houston.

Kevin Durant playing against the Houston Rockets. Rick Scuteri-Imagn Images

Until then, he’ll be a big part of a Rockets team gearing up for a run at the title.


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