What is Fred VanVleet's current contract?

Standing at 6 ft, Fred VanVleet's journey is a testament to the belief that heart triumphs over height, and hard work conquers all odds. From being an undrafted player to a pivotal piece in the Toronto Raptors' championship-winning team, VanVleet’s story is of unwavering work ethic, resilience, dedication, and commitment to the game.

After going undrafted in the 2016 NBA Draft, VanVleet signed up for the NBA Summer League with the Toronto Raptors. His impressive performances earned him a two-year contract, but he found game time very hard to come by as the Raptors boasted several veteran point guards. Still, VanVleet remained undeterred and committed to improving.

His sophomore season saw him carve out a niche for himself as back-up point guard, averaging 20 minutes per game. He became a crucial impact player off the bench, known for his pesky defense and 3-point shooting prowess.

The 2018-2019 season marked a significant role expansion for VanVleet. His playing time increased to nearly 28 minutes per game, and he became an integral part of the Raptors' rotation. The team entered the 2019 NBA playoffs as the second seed, with VanVleet emerging as an important contributor off the bench.

One iconic moment came in Game 5 of the Eastern Conference Finals against the formidable Milwaukee Bucks. VanVleet unleashed a barrage of 3-pointers, scoring 21 points on seven treys, propelling the Raptors to a pivotal 3-2 series lead. However, his journey reached its pinnacle in the NBA Finals, where he played a box-and-one defense strategy to slow down sharpshooting Steph Curry. In Game 6 of the 2019 Finals, VanVleet scored 22 points, including five clutch 3-point daggers off the bench. His exceptional contribution earned him the second-place spot in the NBA Finals MVP voting, just behind FMVP Kawhi Leonard.

In 2022-23, VanVleet averaged 19.3 points, 7.2 assists, 4.1 rebounds and 1.8 steals per game.

Fred VanVleet’s Contract Breakdown

How much is Fred VanVleetl getting paid?

Fred VanVleet’s current contract is worth $128.5 million and will run through the 2025/26 season. In the 2023-24 NBA season, VanVleet will earn $40,806,300.

Who is Fred VanVleet signed with?

In the 2023 off season, Fred VanVleet signed with the Houston Rockets. After the conclusion of the 2022-23 NBA season, Fred Van Vleet had a player option in his contract with Raptors for the 2023-24 season. However, he decided to decline that option, and became an unrestricted free agent. On July 7, 2023, he landed a three-year, $128.5 million deal with the Rockets.

How much does Fred VanVleet make in a minute?

As per the new deal, VanVleet’s annual salary is $40,806,300. One year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then VanVleet makes around $77.63 in a minute.

Fred VanVleet Career Earnings

In his eventful seven-year career so far, Fred VanVleet has earned approx. $81.44 million at the end of 2022-23 season.

What are the terms of Fred VanVleet’s Contract?

Fred VanVleetl’s current contract has a team option at the end of 2025-26 season. This means only two years out of his three year deal are guaranteed. Team will decide if FVV will receive his salary for 2025-26 or not.

How much of Fred VanVleet’s contract is guaranteed?

This contract offers security with the first two years guaranteed and the third year being the team option. This means FVV will have $83,652,915 guaranteed.

Fred VanVleet Contract History

July 18, 2016

As an undrafted player Fred VanVleet was signed by Toronto Raptors on a two-year $1.45 million deal.

July 6, 2018

FVV agreed to a two-year, $18 million contract extension with the Toronto Raptors.

November 24, 2020

FVV signed to a four-year, $85 million contract extension with the Toronto Raptors.

July 7, 2023

Fred VanVleet agreed to a three-year, $128.5 million contract with the Houston Raptors.