According to The Athletic’s Kelly Iko, the Houston Rockets are most likely going to decline Fred VanVleet’s team option worth $44.9 million. This is for the sore purpose of working on a new multi-year contract to secure his future with the organization.
Both sides have remained committed to each other and both publicly have stated they want to continue working together.
“Obviously, I put my heart and soul into this, and this is where I want to be,” VanVleet said. “It’s definitely a family situation. I’ve got a lot of love for our coaching staff, Rafael (Stone), the Fertitta family, what we set out to do when I had my free agent meeting two years ago, and we’re on that track. It was never a short-term vision. It was a long-term goal. We’re on track. We’re on schedule.”
This quote was from when he was asked how he sees his future shaping up in the league. Both Houston and VanVleet agreed to push back the team option deadline to June 29th.
It’s unclear what the Rockets would be willing to offer the 31-year-old this time around, as he is coming off freshly signing a three-year, $130 million contract with them back in 2023’s offseason.