Fred VanVleet

Look Ahead At Potential 2026 Free Agents

Free agency is not the headline event it once was in the NBA, as a large portion of the top players on the market tend to extend, like Luka Doncic did last weekend with the Lakers, or move in trades rather than signing with new teams. However, there are still likely to be talented players available and ready to contribute to new situations, as Zach Harper details for The Athletic.

Teams like the Lakers, Clippers, and Heat have made an effort to keep their flexibility for next year, write Tim Bontemps and Kevin Pelton for ESPN. However, those teams are also expected to try to maintain cap space for 2027, a summer in which multiple MVPs – Giannis Antetokounmpo and Nikola Jokic – could potentially reach the market, though of course neither is guaranteed to be available.

The Celtics will also likely look to retool their roster next summer after trading away key contributors in Jrue Holiday and Kristaps Porzingis for salary cap relief, as they seek to rebuild their roster into a contender around Tatum once he has recovered from his Achilles tear.

Trae Young, with a $48.9MM player option for the 2026/27 season, has the potential to be one of the top names on the board, and while Harper expresses confidence that an extension with the Hawks will get done, there have been rumors that it’s far from a certainty, and that next season could serve as an evaluation period for the Hawks’ core under a new head of basketball operations.

Other high-end veterans with player options for ’26/27 include James Harden (Clippers), Zach LaVine (Kings), Draymond Green (Warriors), Austin Reaves (Lakers), Andrew Wiggins (Heat), Fred VanVleet (Rockets), and Bradley Beal (Clippers). Harper considers Harden, Green, and Reaves very likely to remain with their current teams, and VanVleet also relatively likely to stay, though the Rockets have some level of flexibility in regard to the future of their roster.

Then there are the unrestricted free agents. As of this moment, LeBron James (Lakers) and Kevin Durant (Rockets) represent the cream of the crop, but there are other talented players such as Porzingis (Hawks), Anfernee Simons (Celtics), Coby White (Bulls), and others who are sure to garner suitors.

For what it’s worth, Durant has been widely expected to extend with Houston, but James is ineligible to be extended prior to free agency and White’s salary is so modest relative to his value that he’s considered likely to wait until he can get a bigger payday on the free agent market.

One interesting inflection point will be players on team options, such as Isaiah Hartenstein and Luguentz Dort on the Thunder, and Bogdan Bogdanovic and Brook Lopez on the Clippers. The Thunder, particularly, could have some tough decisions to make on their role players soon as lucrative extensions take effect for stars Shai Gilgeous-Alexander, Chet Holmgren, and Jalen Williams.

Rockets Notes: Green, Finney-Smith, Durant, Sheppard

Former Rockets guard Jalen Green reflected on his time in Houston, along with the trade that sent him to the Suns, in a lengthy post on The Players Tribune. Green was part of the price the Rockets paid, along with Dillon Brooks and the 10th pick in this year’s draft, to acquire Kevin Durant. Although he’s sad to leave the city, Green said he understands the reasoning behind the deal.

“Listen, nobody likes to get traded. But I can honestly say that I get it, bro,” he wrote. “This is a business, and if I was up there in the executive chair, I probably would’ve made the deal, too. I think it’s a better situation for both sides, and I’m just excited to get it popping with Book (Devin Booker), and to create that winning culture that we figured out down here in Houston.”

Selected with the second pick in the 2021 draft, Green represented the first step in the Rockets’ rebuilding process after trading James Harden. He went through a lot of losing during his first two years in Houston, but things turned around in 2023 when Ime Udoka was hired as head coach and Brooks and Fred VanVleet were brought in to change the culture. Green reflected on the growing process that led to a 52-win season and the second seed in the West.

“My rookie year, we won 20 games. Twen-tee, bro,” he added. “Within three years, we had the Toyota Center packed out for a home playoff game. I’ll always be proud of that. To flip it around like that, it’s about culture. We had our young core, but we also had vets like Fred VanVleet — guys who had really won in this league — showing us the way.”

There’s more from Houston:

  • Dorian Finney-Smith talked about his decision to sign with the Rockets as a free agent in an interview with WAVY-TV during a recent visit to his hometown of Portsmouth, Virginia (hat tip to Ben DuBose of Rockets Wire). “I already know who they are. They play hard,” Finney-Smith said. “Coach Ime is one of the toughest coaches in the league. I’ve never seen him smile much when you’re playing against him. The first time I’ve ever seen him smile was when we had dinner, like two weeks ago. I like that, because I’m a competitor.” Finney-Smith added that he was planning to remain with the Lakers when the offseason began, but he was swayed by the opportunity in Houston.
  • Durant hasn’t arrived in Houston yet even though it’s been more than a month since the trade was agreed to, Michael Shapiro of Chron.com writes in a story charting the offseason workouts of Rockets players. Durant has been seen at Fanatics Fest in New York City and the Wireless Festival in London, according to Shapiro, who adds that VanVleet recently made a visit to Turkey to train with Alperen Sengun.
  • The Rockets’ decision to sign free agent wing Josh Okogie rather than another guard is a sign of confidence in their current backcourt players, especially Reed Sheppard, who will be counted on for a larger role after playing sparingly as a rookie, observes Danielle Lerner of The Houston Chronicle.

Fred VanVleet Elected New NBPA President

7:00 pm: According to Stefan Bondy of The New York Post (Twitter link), the other members of the Executive Committee are as follows:


6:01 pm: The National Basketball Players Association has elected Rockets guard Fred VanVleet as its new president, sources tell Shams Charania of ESPN (Twitter link). VanVleet will replace CJ McCollum and will serve a four-year term.

VanVleet, 31, has earned tremendous respect from his peers during his nine-year NBA career. He was one of the veteran players Ime Udoka brought in to help change the culture when he took over as head coach in Houston two years ago.

VanVleet was a beloved figure in Toronto before switching teams and played a vital role in bringing the city its only NBA title in 2019. He recently signed a two-year, $50MM deal to remain in Houston, and Charania notes that he has set several records for being the highest-paid undrafted player in league history (Twitter link).

With the expiration of his four-year term, McCollum will take on an advisory position with union, Charania adds. His time in office included a landmark Collective Bargaining Agreement in 2023 that introduced the two-apron system and ensures labor peace through the 2029/30 season.

Contract Details: Capela, VanVleet, Lopez, Ayton, LaRavia, Kalkbrenner

The Rockets‘ new three-year deal with Clint Capela includes a 5% trade kicker, reports Michael Scotto of HoopsHype (Twitter link).

The fully guaranteed deal is worth $21,105,000 over three years, Hoops Rumors has confirmed, coming in slightly below the initially reported price of $21.5MM. It includes a first-year salary of $6.7MM, with an ascending structure that sees it increase to $7.37MM by year three.

Here are a few more details on some recently signed contracts from around the NBA:

  • Fred VanVleet‘s two-year, $50MM contract with the Rockets has a flat structure, with a $25MM first-year salary and a $25MM player option for 2026/27, Hoops Rumors has learned.
  • Brook Lopez‘s two-year deal with the Clippers came in slightly below the reported $18MM price. It uses $8.75MM of the non-taxpayer mid-level exception for the 2025/26 season, leaving L.A. with $5,354,000 still to use. Lopez’s second-year team option is worth $9,187,500
  • The Lakers‘ used up their entire $14,104,000 non-taxpayer mid-level exception on Deandre Ayton ($8,104,000) and Jake LaRavia ($6MM), as expected. Those salary figures are also Ayton’s and LaRavia’s cap hits for 2026/27 — Ayton’s second year is a player option and LaRavia’s is fully guaranteed.
  • No. 34 overall pick Ryan Kalkbrenner signed a four-year, $9.97MM contract with the Hornets, according to Scotto (Twitter link). That’s the most he could earn under the terms of the second-round pick exception. Kalkbrenner’s first two years are fully guaranteed, with a third-year trigger date and a fourth-year team option, Scotto adds.

Rockets Re-Sign Fred VanVleet To Two-Year Deal

July 7: VanVleet’s new contract agreement with the Rockets is now official, according to the transaction log at NBA.com.


June 25: The Rockets are declining Fred VanVleet‘s $44.9MM team option and will instead re-sign him on a two-year, $50MM deal, reports Shams Charania of ESPN. The second season will be a player option, Charania adds.

According to Kelly Iko of The Athletic (Twitter link), VanVleet’s new deal will have a flat structure, paying him $25MM next season, with his option also worth $25MM.

During his 60 healthy games for Houston in 2024/25, the Wichita State alum averaged 14.1 PPG, 5.6 APG, and 3.7 RPG, with a .378/.345/.810 shooting line that was well below his career average.

The 2023 offseason veteran additions of VanVleet, Dillon Brooks, Jeff Green and head coach Ime Udoka proved to be the kind of steadying forces needed to take a talented young team to the next level. During VanVleet’s first season in town, Houston finished with a solid 41-41 season and barely missed the postseason in a deep Western Conference.

Last year, the Rockets’ youth movement exploded. Houston finished with the West’s No. 2 record, 52-30, and almost outlasted the Warriors in a hard-fought first round playoff loss.

Houston has now reconfigured its core by bringing in 15-time All-Star forward Kevin Durant in a blockbuster pre-draft trade, which cost the team Brooks, the No. 10 pick in this year’s draft, young guard Jalen Green, and five second-round picks.

Retaining VanVleet on a cheaper deal with give the Rockets more room to maneuver this summer, as the club hopes to become a true title contender in 2025/26.

To wit, cap expert Yossi Gozlan of Third Apron tweets that Houston now projects to be comfortably below the league’s first tax apron and luxury tax line. Keith Smith of Spotrac reports (via Twitter) that the new agreement will give the Rockets access to the $14.1MM non-taxpayer’s mid-level exception this year, though using all of the MLE would push the team back above the tax threshold.

While VanVleet’s new contract is a short-term agreement, Charania hears from sources that both sides would like their partnership to ultimately last longer than just the next two years.

Stein’s Latest: Gafford, Irving, VanVleet, Collins, Thybulle

The terms of Daniel Gafford‘s three-year extension will keep him trade-eligible without a six-month waiting period, but that doesn’t mean the Mavericks are looking to deal the 26-year-old center, Marc Stein of The Stein Line writes in his latest column (Substack link). Stein confirms that Gafford’s new contract, which will start with the 2026/27 season and is projected to be worth about $54MM, contains no options for him or the team.

Stein states that Dallas’ front office expects “considerable” trade interest in Gafford, but is reluctant to part with him after injuries limited Dereck Lively to 36 games during his second NBA season. Stein notes that forward P.J. Washington is also eligible for an extension this summer and says the Mavericks plan to hold onto him as well.

This is an important day for the organization, Stein adds, as it’s the deadline for Kyrie Irving to pick up a $43MM player option. If Irving passes on the option, Stein views that as a sign that he has an agreement with the Mavericks on a new long-term deal that will likely be announced early in free agency. It’s also possible that Irving could pick up the option and negotiate an extension after the moratorium is lifted or he could decide to test free agency next summer. A source tells Stein that Irving remained undecided as of Monday night.

Stein shares more inside information from around the league:

  • The Rockets may decline their $44.9MM option on Fred VanVleet, but Stein states there’s “no scenario” where he won’t be with the team next season. A source tells Stein that Houston and VanVleet would “do a new deal” if the option is turned down by Sunday’s deadline. Stein points out that the original deadline on the team option was five days after the Rockets’ season ended, but VanVleet and the team reached an agreement to push it back to late June. Stein also notes that Kevin Durant will be eligible for a two-year extension once he officially joins the team next month, suggesting it’s possible that VanVleet and Durant will both be signed to new deals that cover the next three seasons.
  • Stein reports that Jazz center Walker Kessler has been “unavailable for some time” and speculates that could have led to recent rumors that the Lakers are interested in John Collins. Stein calls it a “mischaracterization” to suggest that L.A. is a trade suitor for Collins.
  • The Trail Blazers expect swingman Matisse Thybulle to pick up his $11.5MM player option by today’s deadline, Stein adds.

Rockets Likely To Decline VanVleet’s Option, Work On New Multiyear Deal

The Rockets will likely decline their team option on Fred VanVleet for the 2025/26 season in the coming days, but still intend to work toward a new multiyear contract with their starting point guard, according to Kelly Iko of The Athletic (Twitter link).

Veteran reporter Marc Stein (Twitter links) also hears that there’s a “strong expectation” the Rockets and VanVleet will agree to terms on a new deal soon, though he cautions that one source said Houston is still weighing its options and hasn’t ruled out simply exercising that option.

Whichever direction the Rockets go, VanVleet is considered a good bet to remain with the team, Stein adds (Twitter link).

[RELATED: VanVleet, Rockets Have Mutual Interest In Continuing Relationship]

Declining VanVleet’s option in order to sign him to a longer-term deal makes sense for the Rockets, since picking it up would lock in his $44,886,930 salary for 2025/26. That’s a big number for a Houston team that has agreed to acquire Kevin Durant and would likely have to operate in tax-apron territory if it brings back VanVleet on a maximum-salary cap hit.

Turning down the option and lowering the 31-year-old’s cap hit for ’25/26 would position the Rockets to remain below the aprons and potentially even to avoid the luxury tax, depending on how much of a pay cut VanVleet is willing to take. Tacking on multiple years could entice VanVleet to take a sizable haircut in year one, since a deal in the neighborhood of, say, $30MM annually over three seasons would still assure of him significantly more total guaranteed money than his option would pay him.

There had been speculation that Houston might exercise its option on VanVleet in order to include him as a salary-matching piece in a trade for Durant. However, using one of their other big contracts (like Jalen Green‘s) as a centerpiece for Durant always made more sense for the Rockets, who would have created a major hole at point guard by sending out VanVleet in the move.

A career 37.5% three-point shooter entering 2024/25, VanVleet had a down year from beyond the arc (34.5%), but led the Rockets with 5.6 assists per game, ranked third on the team with 14.1 points per contest, and served as a veteran leader and organizer for a young squad that won 52 games and claimed the No. 2 seed in a tough Western Conference.

The Rockets’ decision on VanVleet’s team option was originally due five days after the team’s season ended, but the two sides agreed last month to push it back to June 29.

Lottery Pick Facilitated Durant Trade

The Rockets’ willingness to give up their lottery pick in this week’s draft played a significant role in the agreed-upon Kevin Durant blockbuster with the Suns, Kelly Iko and Sam Amick report.

The Rockets refused to give the Suns’ 2027 and 2029 first-round selections, which Houston controls via prior trades, back to Phoenix. Those picks were sent to Brooklyn in the February 2023 Durant deal and the Rockets acquired them in a June 2024 deal with the Nets.

However, the Rockets had found it difficult to bring in top prospects for workouts this spring due to the possibility of a Durant deal. The Suns believe they can draft a player at that spot who can be an immediate contributor.

The trade between the clubs was the culmination of weeks-long discussions, though the two sides hadn’t talked for a week before the conversations were reignited on Thursday. Rockets general manager Rafael Stone refused to part with most of his young players, including Reed Sheppard, Jabari Smith Jr. and Tari Eason. Efforts were made to add other trade partners to the mix but that didn’t gain any footing, so it became a straight two-team swap.

Jalen Green, who struggled in the postseason, became increasingly aware he could be part of a potential package, even though he preferred to stay put. He received word that he was being dealt approximately an hour before the deal was first reported.

According to Phoenix sports talk show host John Gambadoro, the Rockets were willing to give up Smith prior to the February trade deadline. They offered Smith and Green without any draft picks for Durant at that time (Twitter link).

While there were numerous reports in recent months that the Rockets were unwilling to break up their young core, they eventually warmed to the idea of making an all-in move. The prospect of adding a dynamic scorer and proven postseason performer like Durant was seen as their best win-now option, according to The Athletic duo. There’s a strong belief that the Durant-Rockets partnership will extend beyond next season, even if he doesn’t sign an extension right away next month.

Houston head coach Ime Udoka, who recently received an extension, was a strong behind-the-scenes advocate for adding Durant, Marc Stein reports in his latest Substack post. Udoka, who overlapped with Durant in Brooklyn, has a close friendship with the star forward.

With both Green and Dillon Brooks included in the trade, a starting spot should open up in Houston for Smith, who was moved to the second unit for a portion of the season. Amen Thompson, who replaced Smith in the lineup, will join Fred VanVleet in the backcourt. The Rockets hold a $44.9MM option on VanVleet’s contract, with a decision due in the next week.

Durant expressed excitement when asked by Kay Adams at Fanatics Fest in New York about the trade, ESPN’s Shams Charania relays.

“Being part of the Houston Rockets, I’m looking forward to it,” Durant said. “Crazy, crazy last couple weeks, but I’m glad it’s over with.”

Rockets Notes: Smith, Adams, VanVleet, Sheppard

Rockets forward Jabari Smith Jr. is focused on improving his ball-handling skills in preparation for his fourth NBA season, he tells Ari Alexander of KPRC in Houston (Twitter video link, hat tip to Ben DuBose of Rockets Wire). Smith felt it was important to get back to work quickly after the Rockets were knocked out of the playoffs by Golden State in the first round.

“Just the mindset, I was very hungry,” he said. “We didn’t finish the season how we wanted to, so I was ready to get back in the gym and work on what I need to work on. I want to have a big summer and come back next year looking like a whole different player.”

This is a significant offseason for Smith, the No. 3 pick in 2022, who will be eligible for a rookie scale extension. He missed close to two months after fracturing a bone in his hand, then was removed from the starting lineup in late February. He averaged a career-low 12.2 PPG in 57 games, but he just turned 22 last month and offers a high-level combination of defense, rebounding and outside shooting. He’s reportedly among the Rockets players Phoenix is targeting in a potential Kevin Durant trade.

Smith’s summer program includes working with skills trainer Aaron Miller, who has an extensive history with NBA players.

“It’s real technical, with a lot of attention to detail,” Smith said. “I just like how detailed it is, and how down to the science it is.”

There’s more from Houston:

  • Steven Adams‘ salary will decline each season under his new three-year extension, per Keith Smith of Spotrac (Twitter link). The contract is front-loaded at $14,130,434 for the upcoming season, followed by $13MM in 2026/27 and $11,869,566 in 2027/28. As we relayed yesterday, the deal is fully guaranteed and contains no team or player option.
  • Fred VanVleet and the Rockets have “mutual interest” in staying together, Shams Charania of ESPN confirms. Houston faces a June 29 deadline to exercise a $44.9MM option on the 31-year-old guard, but it’s possible that the option may be declined and replaced with a longer contract. Cap expert Yossi Gozlan suggests (via Twitter) that Adams’ early extension agreement could be a sign that there’s confidence about a restructured deal with VanVleet. He also states that Houston could get below the aprons and dodge the luxury tax by waiving all its non-guaranteed contracts, trading the 10th pick in the draft and cutting VanVleet’s current salary by about 25%.
  • Reed Sheppard will participate in this year’s Summer League in preparation for a larger role next season, Danielle Lerner of The Houston Chronicle states in a mailbag column.

Southwest Notes: Flagg, Rockets, Pelicans

Cooper Flagg, the presumed 2025 number one pick, is only visiting the Mavericks in the lead-up to the draft, Mark Medina of RG writes within an interview with Flagg’s trainer, Matt MacKenzie.

He’ll be able to tour their facilities and learn about the organization as a whole,” MacKenzie said. “So it’s something he’s definitely looking forward to. It’s the only team he’s going to go visit. He’s very excited for it.”

MacKenzie confirms that Flagg’s workouts have included Kevin Durant and Chris Paul being in the same facility at times. Flagg got the chance to watch Durant work out, while Paul imparted advice primarily on how to adjust to the non-basketball side of the game.

I think Chris Paul has been really helpful in sharing the different things that you need to be aware of when you’re coming into the league as a rookie in terms of how to manage your time off the court,” MacKenzie said. “During your downtime, you need to make sure you’re also treating your recovery with importance and understanding that 82 games is a long season… Being able to get that input has been incredibly valuable.”

Lauded for his versatile skill set, Flagg has taken part in workouts meant to prepare him for any and every role that his new team will ask him to play, according to MacKenzie.

We have more news from around the Southwest Division:

  • Despite a roster crunch and uncertain roles moving forward, Danielle Lerner of the Houston Chronicle is skeptical that the Rockets will put one of Tari Eason or Jabari Smith Jr. on the trade block this summer. In her mailbag, Lerner writes that it’s more likely that they have to decide between extending one or both of them and then reevaluating next year. Lerner also doubts that the Rockets will make a move for the Nets’ Cameron Johnson, both for salary cap reasons and because she views the defensive drop-off from Dillon Brooks to Johnson as something Houston would be wary of.
  • This is a big offseason for the Rockets, Keith Smith writes in his Spotrac offseason preview. While there has been talk about continuing to patiently build around the young core, there’s a sense that Houston’s success last season has led the team to consider fast-tracking the process. Deciding exactly how to handle the contract situation for Fred VanVleet, whose deal includes a team option, will be a crucial part of their summer, as will their ability to pull off a Kevin Durant trade. Smith writes that trying to retain Steven Adams should also be a high priority, as he was a pivotal part of their playoff run and proved to be a very effective backup.
  • The Pelicans have struggled at times to find the right balance of players to put around Zion Williamson, writes William Guillory for The Athletic. That includes finding an answer at the center position, which is why Guillory considers whether it would make sense for New Orleans to target Khaman Maluach with the seventh pick in the 2025 draft. This offseason is the first with Joe Dumars as the top decision-maker and will tell the league much about how he plans to proceed with shaping the roster. Guillory notes that the team found success using double-big lineups featuring Kelly Olynyk and rookie big Yves Missi last season, but it’s unlikely that Missi and Maluach could play together unless the Duke center enters the league much more advanced as a shooter than expected.