Houston guard Fred VanVleet will sign a two-year, $50 million contract to remain with the Rockets, ESPN reported on Wednesday.
In conjunction with the new deal, the Rockets are declining the $44.9 million team option in VanVleet’s contract for the 2025-26 season.
VanVleet, 31, has played the past two seasons in Houston following seven seasons in Toronto, where he captured an NBA title in 2018-19 and made the All-Star team in 2021-22.
VanVleet averaged 14.1 points, 5.6 assists, 3.7 rebounds and 1.6 steals in 60 games (all starts) for the Rockets this season. He finished third on the team with 159 3-point buckets as Houston ended a four-year playoff drought.
Undrafted in 2016 out of Wichita State, VanVleet has averaged 14.9 points, 5.7 assists, 3.4 rebounds and 1.4 steals in 550 career games (401 starts).
–Field Level Media