Breaking news: Rockets sign Fred VanVleet to $130 million, three-year deal

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The Houston Rockets landed their top target in Fred VanVleet, signing the former All-Star to a three-year, $130 million contract, becoming the first player this offseason to receive a max contract.

Free agent G Fred VanVleet has agreed to a three-year, $130 million contract with the Houston Rockets. @KlutchSports CEO Rich Paul and agent Erika Ruiz tell ESPN. The Rockets put the former Raptors All-Star in his prime at age 29. pic.twitter.com/B6WwPmLYq1

— Adrian Wojnarowski (@wojespn) July 1, 2023

The Rockets were reported to have VanVleet at the top of their list. The Rockets were reported to be leaning toward a two-year deal for VanVleet, but in the end, the deal is three years. The Rockets had moved on from James Harden a few weeks ago, opening the door for VanVleet.

VanVleet is coming off the worst shooting year of his career, but like Vivek Jacob de Raptors.com he told me as part of my interview with him, he hopes last season was an anomaly. As of this writing, all three years are fully guaranteed, but the Rockets set out to bring in veteran leadership, and that’s what they’ll get with VanVleet.

The Rockets will have to get creative with Amen Thompson, their fourth overall pick, as VanVleet will be the starting point guard, and Thompson will now play the backup point and possibly some small forward.

The Dream Shake will bring you all the latest Houston Rockets free agent news.





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