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Fred VanVleet Re-Signs With Rockets on Two-Year, $50 Million Deal

The Rockets declined his $44.9 million team option, locking in VanVleet as a veteran leader on a roster reshaped by the acquisition of Kevin Durant.

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Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) dribbles against Golden State Warriors guard Moses Moody (right) during the fourth quarter of game three of first round for the 2024 NBA Playoffs at Chase Center. Mandatory Credit: Darren Yamashita-Imagn Images/File Photo
Fred VanVleet #5 of the Houston Rockets handles the ball against the Golden State Warriors during the second quarter in Game One of the Western Conference First Round NBA Playoffs at Toyota Center on April 20, 2025 in Houston, Texas.
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Overview

  • VanVleet is set to sign a two-year, $50 million contract that includes a player option for the 2026-27 season.
  • Houston declined his $44.9 million team option for 2025-26 before finalizing the new deal.
  • The nine-year veteran has helped lift the Rockets from a lottery team to a 52-win squad that secured the No. 2 seed in the Western Conference.
  • Houston’s roster was further strengthened by a blockbuster trade for 15-time All-Star Kevin Durant.
  • VanVleet averaged a career-low 14.1 points per game in 2024-25 but delivered 24.3 points on 56 percent shooting over the final four games of a seven-game playoff series.