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Fred VanVleet reacts to his big payday with Raptors after signing $85M contract

Fred VanVleet, Raptors contract

Fred VanVleet has agreed to re-sign with the Toronto Raptors on a four-year, $85 million deal.

VanVleet, who was an undrafted player, will have a player option for the fourth year of his new massive contract. The Rockford, Illinois native took to Twitter to react to his payday, quote tweeting a tweet he sent out in 2016.

This is a great story right here. Fred VanVleet went from being an afterthought to landing a lucrative contract for himself and his family.

The Raptors were always going to re-sign VanVleet since All-Star point guard Kyle Lowry is getting older and only has one year left on his contract. During the 2019-20 regular season, VanVleet averaged 17.6 points, 3.8 rebounds and 6.6 assists per game while shooting 41.3 percent from the field, 39.0 percent from beyond the arc and 84.8 percent from the free-throw line.

In the 2020 playoffs at Walt Disney World, VanVleet put up 19.6 points, 4.4 boards and 6.9 assists in 11 games against the Brooklyn Nets and Boston Celtics. The Raptors, after winning the 2019 championship over the Golden State Warriors, lost to the Celtics in seven games in the 2020 Eastern Conference Semifinals down in Orlando, Florida.

After taking care of VanVleet, the Raptors now have to decide if they want to re-sign Marc Gasol and Serge Ibaka, as both centers are unrestricted free agents.

When the 2020-21 season starts on Dec. 22, Toronto will be playing its home games in Tampa Bay, Florida.