Fred Vanvleet Rumors | Hoops Rumors

Rockets Re-Signing Fred VanVleet On Two-Year Deal

June 25th, 2025 at 11:16am CST by Alex Kirschenbaum

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

June 24th, 2025 at 9:02am CST by Arthur Hill

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

June 23rd, 2025 at 3:19pm CST by Luke Adams

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).

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

June 22nd, 2025 at 8:32pm CST by Dana Gauruder

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

June 15th, 2025 at 10:00am CST by Arthur Hill

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

June 13th, 2025 at 10:56pm CST by Eli Cohen

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.

Southeast Notes: Magic, Jaquez, Battier, Hornets

June 9th, 2025 at 11:59am CST by Arthur Hill

The Magic may be in the market for a play-making guard this summer, Jake Fischer of The Stein Line suggests in a Substack column (subscription required). Fischer reports that Orlando had “real interest” in De’Aaron Fox before Sacramento agreed to trade him to San Antonio in February, although there were never substantial conversations about Fox between the Magic and Kings. Fischer also states that Orlando looked at Malik Monk before he re-signed with Sacramento last summer.

A report emerged over the weekend that the Cavaliers are listening to offers for Darius Garland. However, sources tell Fischer that Cleveland and Orlando haven’t seriously discussed Garland, and the Cavs would be reluctant to help an Eastern Conference rival. Fischer mentions Celtics guard Jrue Holiday as a possibility, along with Fred VanVleet, although he hears that the Rockets intend to keep him on their roster for next season.

Fischer also raises the possibility that the Magic could make smaller trades and decline whatever options are necessary to qualify for the $14.1MM non-taxpayer mid-level exception. That could be used to pursue Timberwolves guard Nickeil Alexander-Walker, whom Orlando has been identified as a potential suitor for.

In addition, Fischer lists the Magic as a team that could try to move up in the draft for a late lottery selection. Orlando holds picks No. 16 and 25 and already has 15 players on standard contracts for next season, although that could change by declining team options on Moritz Wagner ($11MM) and Gary Harris ($7.5MM).

There’s more from the Southeast Division:

Second-year Heat forward Jaime Jaquez got a taste of the NBA Finals on Sunday while working as a media member for the league’s digital and social media outlets under the Player Correspondent Program, per Ira Winderman of The Sun-Sentinel. “I’m thinking I want to be here, but not as a correspondent,” Jaquez said during a media event. “That’s what I’m thinking, as a player.”
Former Heat player and executive Shane Battier addressed the end of his playing career and a number of other topics in an appearance on the Pablo Torre Finds Out podcast, relays Anthony Chiang of The Miami Herald. Battier, 46, left the team in 2021 to pursue other interests. “My last year (as a player), when I was told without being told that our best chance of winning doesn’t include you Shane,” Battier recalled. “When (coach Erik Spoelstra) started to sit me in the fourth quarter, nothing was worse to me than sitting me in crunch time because that was my identity.”
Roderick Boone of The Charlotte Observer examines recent No. 4 picks to get an idea of what the Hornets can expect with that selection in this year’s draft.

Rockets Rumors: Adams, Lopez, VanVleet, Holiday, Durant, More

June 3rd, 2025 at 9:18am CST by Luke Adams

A handful of Rockets veterans, including Steven Adams, Jeff Green, and Jae’Sean Tate, are headed for unrestricted free agency this summer. Of those UFAs, Adams is viewed as the team’s “clear priority,” sources tell Kelly Iko of The Athletic.

That doesn’t necessarily mean that Green and/or Tate won’t be back, but they may be minimum-salary options for Houston, whereas it will almost certainly take more than that to re-sign Adams, who became an important part of the club’s rotation late in the season. The Rockets are operating under the assumption that the veteran center wants to return, Iko writes, and are expected to continue talking to him about a new contract.

Adams is extension-eligible now and could be signed to a new deal prior to free agency, but if the two sides can’t work something out, Houston may circle back to Brook Lopez, team sources tell Iko. Lopez was a top Rockets target during the 2023 free agent period and came close to making the move to Houston at that time before deciding to remain in Milwaukee.

The Rockets also hold team options for 2025/26 on a pair of guards: Fred VanVleet ($44.9MM) and Aaron Holiday ($4.9MM). The expectation is that VanVleet will return to Houston, either on his team option or on a new contract, Iko writes. The Rockets are also interested in retaining Holiday, but that doesn’t necessarily mean his option will be picked up — the club may wait to get a better sense of how its offseason and the league-wide market are playing out before making a decision on the reserve guard, Iko explains.

Here’s more from Iko on the Rockets:

While Houston would like to keep its young core together, the team is willing to consider the possibility of a significant trade. Giannis Antetokounmpo is considered a top target, though it remains to be seen whether the Bucks will actually make him available, Iko writes. The Suns, conversely, have made multiple calls to the Rockets since the end of the season about the possibility of a deal that sends Kevin Durant to Houston and sends some of the Suns’ draft assets back to Phoenix, team sources tell The Athletic. The asking price for Durant has been “gradually lowered” over the course of those calls, according to Iko, who says the Rockets would be interested if the price is modest enough, despite their desire to keep their core intact.
The Rockets also anticipate having trade conversations with the Celtics‘ front office this summer, given Boston’s reported desire to reduce its payroll, says Iko.
The expectation is that Reed Sheppard will have a “vastly expanded role” in 2025/26 after playing sparingly as a rookie, Iko reports. The Rockets remain very high on last year’s No. 3 overall pick, viewing him as a player whose floor-spacing abilities can help in the short term and whose long-term ceiling is high.
Houston has received inquiries from rivals about former first-rounder Cam Whitmore, as well as this year’s No. 10 overall pick, per Iko. The Rockets remain optimistic about Whitmore’s outlook and potential rotation role, and neither he nor his representatives have asked for a change of scenery, so nothing is imminent on that front, Iko reports. As for this year’s lottery pick, Houston is open to discussing a variety of scenarios, including trading down, trading out of the first round, or packaging that pick with a player to upgrade the roster.
Although the Rockets’ front office is expected to engage in rookie scale extension negotiations with Jabari Smith and Tari Eason this offseason, team sources tell Iko that the club would be comfortable with the idea of matching an offer sheet for either player in 2026 if no agreements are reached this year.

Fischer’s Latest: Irving, Mavs, Harden, Clippers, Point Guards

May 24th, 2025 at 2:02pm CST by Luke Adams

Before suffering a torn ACL in early March, Kyrie Irving was widely expected to sign an extension or a new free agent contract with the Mavericks this offseason, according to Jake Fischer of The Stein Line (Substack link), who says that perception hasn’t changed since Irving’s injury. However, the veteran point guard’s ACL recovery, which figures to extend well into next season, may complicate those negotiations to some extent.

According to Fischer, there have been rumblings all season that the Mavericks would like to lock up Irving for the next three seasons for approximately $40MM per year. In other words, they’d be comfortable essentially making the same three-year, $120MM offer that Irving signed as a free agent in 2023.

Irving was coming off a tumultuous stint in Brooklyn and had only been a Maverick for a half-season when he agreed to that contract in 2023. He has since established himself as a cornerstone player for the franchise, helping to lead Dallas to an NBA Finals appearance a year ago.

As Fischer writes, if he had stayed healthy, Irving could have sought a higher annual salary based on his production and leadership over the past two seasons — especially given the leverage he would’ve had as the team’s primary backcourt play-maker following the February trade of Luka Doncic. Now that he’s recovering from a major knee injury at age 33, a massive payday that exceeds his previous deal may be less realistic for Irving.

Here’s more from Fischer, whose latest Substack article focuses on a few of this year’s top free agent point guards:

“The whole league knows” the Mavericks want to add ball-handling and play-making to their backcourt after trading Doncic and seeing Irving go down with an ACL tear, Fischer writes. Sources tell The Stein Line that Dallas’ goal will be to add a player who can fill in as a starter with Irving sidelined and then transition to a complementary role once Kyrie returns. While the Mavs’ cap flexibility will be very limited, there’s optimism that they might be able to convince a solid player to accept the veteran’s minimum with the promise of a starting role, like Phoenix did with Tyus Jones a year ago.
Multiple sources who have spoken to Fischer have suggested that Irving’s new deal with Dallas could “serve as a barometer” for what James Harden does with the Clippers this summer. Like Irving, Harden isn’t expected to leave his current team, and like Irving, he’d have the ability to exercise his player option (worth $36.3MM) and negotiate an extension or opt out to sign a new contract. Whichever direction he and the team go, there’s an expectation that the Clippers will be looking to line up Harden’s new contract with Kawhi Leonard‘s, which runs through 2026/27, Fischer notes. That would mean no more than two guaranteed years for the former MVP.
Fischer adds that multiple rival teams view the Clippers as a club to watch on the trade market this offseason once they get the Harden situation resolved.
Front offices around the league consider Fred VanVleet (Rockets) and Josh Giddey (Bulls) likely to return to their respective teams, according to Fischer. Dennis Schröder might end up being one of the top point guards available on the open market, though the Pistons are known to have interest in bringing him back, Fischer says.

Rockets, VanVleet Push Back Team Option Deadline

May 7th, 2025 at 2:15pm CST by Dana Gauruder

May 7: As expected, the Rockets and VanVleet have agreed to move back the decision deadline for his team option, reports Shams Charania of ESPN (Twitter link). The new decision date for Houston will be the league-wide deadline, June 29.

May 6: The Rockets are looking to buy more time to decide what to do with Fred VanVleet‘s contract. They hold a $44.89MM club option on VanVleet’s contract for next season and a decision is currently due on Friday, Spotrac contributor Keith Smith tweets.

According to NBA insiders Marc Stein and Jake Fischer (Twitter link), Houston’s management is currently in discussions with VanVleet’s representatives to delay that decision until the end of June, just prior to free agency.

The default league-wide deadline for option decisions is June 29, but a player and team can set an earlier deadline by including that language in their contract agreement. That was the case with VanVleet’s deal, which calls for a decision five days after Houston’s season ends.

Amending the deadline would give the Rockets more time to weigh their options and perhaps increase VanVleet’s chances of receiving that $44.9MM salary next season, assuming the team would otherwise decline the option this Friday.

Following the Rockets’ elimination from the playoffs on Sunday, VanVleet and the Rockets expressed mutual interest in continuing their relationship.

“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 and (general manager) Rafael (Stone) and the Fertitta family and just 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.”

However, VanVleet’s salary number is a huge hit on the books for a team looking to improve the roster after getting bounced in the opening round of the Western Conference playoffs by Golden State. The Rockets could decline the option, then negotiate a multiyear deal at a lesser salary. If Houston declines the option, VanVleet would be an unrestricted free agent but the Rockets would hold his Early Bird rights.

Alternatively, if the Rockets decide they’re comfortable with that $44.9MM cap charge next season, they could also exercise the option and explore a more team-friendly extension that begins in ’26/27.