Fred VanVleet Sr. is a professional American basketball guard for the Houston Rockets in the 2024/25 NBA season. After going undrafted in the 2016 NBA Draft, VanVleet signed a two-way contract with the Toronto Raptors. However, the Raptors signed a multi-year deal with VanVleet the same year. The 2018-19 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.
VanVleet was a part of the team when the Toronto Raptors clinched the 2019 NBA Championship. 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 Finals MVP Kawhi Leonard. In the 2021-22 season, VanVleet was selected for the All-Star NBA team, he averaged 20.3 points, 6.7 assists and 1.7 steals per game in the season, as per Basketball Reference. In 2023, VanVleet signed with the Houston Rockets and in his second season with the Rockets, he has led the team to their first playoff in five seasons.
Fred VanVleet’s contract breakdown
According to Spotrac, VanVleet signed a three-year contract with the Rockets valued at $128.5 million in July 2023. His contract includes a guaranteed amount of $83,652,915, and an average annual salary of $42,846,615.
| Year | Base Salary | Cap Hit | Yearly Cash |
| 2023-24 | $40,806,300 | $40,806,300 | $40,806,300 |
| 2024-25 | $42,846,615 | $42,846,615 | $42,846,615 |
| 2025-26 (Team Option) | $44,886,930 | $44,886,930 | $44,886,930 |
Fred VanVleet's salary
According to his three-year contract, VanVleet will receive an average annual salary of $42,846,615. Furthermore, he is set to earn a base salary of $42,846,615, with a cap hit of $42,846,615 in 2025.
How much does Fred VanVleet make in a minute?
According to his contract, VanVleet’s annual salary is $42,846,615. 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 $81.51 per minute.
Read More: Fred VanVleet Net Worth
Fred VanVleet's career earnings
As of April 2025, Cleveland has earned an estimated total of $165,203,782 in career earnings, as per Spotrac.
Terms of Fred VanVleet’s contract
According to the terms and conditions of his contract, the Rockets can exercise the club option if they want to retain VanVleet for the third year of his contract before 29th June, 2026. He would also receive a bonus of 15% if he gets traded to any other team, as per Spotrac.
How much of Fred VanVleet’s contract is guaranteed?
Fred VanVleet would earn $83,652,915 in guaranteed money out of the $128.5 million contract he signed for three years.
Fred VanVleet's contract history
These are all the contracts VanVleet has signed in his career, as per Spotrac:
Toronto Raptors (2016)
As an undrafted player, Fred VanVleet was signed by the Toronto Raptors on a two-year $1.45 million deal.
Toronto Raptors (2018)
VanVleet agreed to a two-year, $18 million contract extension with the Toronto Raptors.
Toronto Raptors (2020)
VanVleet signed a four-year, $85 million contract extension with the Toronto Raptors.
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FAQs on Fred VanVleet
A. Fred VanVleet is 31 years old, as of April 2025. He was born on February 25, 1994.
A. Fred VanVleet has signed a three-year $128.5 million contract in 2023 with the Houston Rockets
A. Fred VanVleet is in his ninth season (2024-25), as of April 2025.
A. Fred VanVleet went to Wichita State and played all four years for the Wichita State Shockers' basketball team.
