Rockets net Fred VanVleet with $130M deal —reports

Rockets net Fred VanVleet with 0M deal —reports
Rockets net Fred VanVleet with 0M deal —reports

Point guard Fred VanVleet plans to the touch down in Houston after agreeing to a landmark three-year, $130 million contract with the Rockets on Friday, in accordance with a number of stories.

VanVleet opted out of the ultimate yr of his contract with the Toronto Raptors to enter free company and was one of many largest winners inside hours of permitted negotiations with suitors. Free agent contracts aren’t official till July 6.

Houston misplaced 122 video games the previous two seasons, and the Rockets had a projected $62 million beneath the brand new wage cap coming into free company.

Undrafted out of Wichita State, VanVleet, 29, was a part of the Raptors’ NBA championship workforce in 2019 and was an All-Star in 2022. His reported contract, price $43.3 million per season and the primary max-value NBA signing of the summer time, could be a report for an undrafted participant.

VanVleet’s choice yr with the Raptors would have paid him $22.8 million for the 2023-24 season.

VanVleet has profession averages of 14.6 factors, 5.3 assists and three.3 rebounds in 417 video games (268 begins) since becoming a member of the Raptors in July 2016.

—Field Level Media/Reuters

Source: www.gmanetwork.com