VanVleet, who will be extension-eligible this offseason, will earn $21.25MM in 2022/23 and has a $22.82MM player option for 2023/24. If he were to decline that option, he could sign a four-year extension worth up to $114.24MM, so Fischer’s $120MM projection looks a little high.
Still, it sounds as if the Raptors will be prepared to offer VanVleet the maximum amount he can receive on an extension. The All-Star point guard would become eligible for a more lucrative contract if he plays out the ’22/23 season, then turns down his player option to become a free agent next summer. But an extension worth $28.5MM per year that locks him up until age 33 may be hard to pass up.
Here’s more on the Raptors:
- According to Fischer, Thaddeus Young appears likely to remain in Toronto, potentially on a two-year contract agreement worth at least $10MM. Young was acquired by the Raptors from San Antonio in a trade deadline deal in February.
- Young is one of the Raptors’ two key free agents this offseason, along with big man Chris Boucher. Zach Kram of The Ringer makes a case for why he considers Boucher the most interesting free agent on the market due to his unusual combination of skills and physical traits.
- The Raptors and Bulls are among the teams that appear to have interest in Magic big man Mohamed Bamba, Fischer reports. However, Bamba will be a restricted free agent and may not leave Orlando — he and the Magic are motivated to work out a new deal, sources tell Fischer.
- In considering potential landing spots for Suns restricted free agent center Deandre Ayton, Fischer notes that the Raptors continue to monitor the availability of a handful of top big men, including Jazz star Rudy Gobert. While Ayton may also be on the team’s radar, Toronto won’t have cap room and could only acquire him via sign-and-trade.