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Fred VanVleet to Sign 2-Year $50M Extension with the Houston Rockets: Reports

  • Fred VanVleet, a 31-year-old former NBA champion and one-time All-Star, signed a two-year, $50 million contract with the Houston Rockets on June 26, 2025, including a player option for 2026-27.
  • The Rockets chose not to exercise their option to pay VanVleet $44.9 million for the 2025-26 season, creating salary cap flexibility that enabled VanVleet to agree to a smaller, more adaptable contract acceptable to both sides.
  • VanVleet joined Houston in 2023 and contributed to the Rockets’ rise from 22 to 41 wins in his first year and then 52 wins in the 2024-25 season, ending a four-year playoff drought as the No. 2 seed in the Western Conference.
  • In 2024-25, VanVleet averaged 14.1 points during the regular season, his lowest since 2018-19, but increased his scoring to 18.7 points and 4.4 assists per game in the playoffs despite a seven-game first-round loss to the Golden State Warriors.
  • Resigning VanVleet secures a veteran leader for the Rockets’ roster, complementing their recent acquisition of 15-time All-Star Kevin Durant and supporting their contention for the upcoming season.
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Sportsnet broke the news in Canada on Wednesday, June 25, 2025.
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