One team believes Fred VanVleet could get $25-30 million annually on next contract
Toronto Raptors guard Fred VanVleet has been one of the biggest benefactors of Kawhi Leonard’s summer move to the Los Angeles Clippers. So much so, that there has been talk that the 25-year-old is in for a huge payday once he renews his soon-to-expire contract.
According to an anonymous source, VanVleet could be looking at somewhere in the range of $30 million per year once he signs a new deal this summer. This is via NBA news wesbite RealGM.
“One team told me last week that they think he’s going to get between $25 million and $30 million per season,” said Bobby Marks on The Brian Windhorst & The Hoop Collective Podcast.
This is definitely a huge number for the undrafted point guard out of Wichita State. However, VanVleet is currently putting up some ridiculous numbers with 18.5 points (on 41.0 percent shooting), 3.9 rebounds, 7.5 assists, and 1.9 steals, while also connecting on 2.7 3-pointers per contest on a 40.0-percent clip. These are easily career-best marks for the fourth-year man, who has absolutely shined sans Kawhi.
Fred VanVleet is on the last season of his two-year, $18 million deal, and is set to become a free agent in the coming offseason. The Raptors will definitely do everything in their power to try and retain the services of their prized guard, but the question is if they will be able to match his current projected market value.
For some context, Toronto signed superstar point guard Kyle Lowry to a one-year, $31 million deal last summer, so it appears that the Raptors front office will need to muster up a similar amount of cash for VanVleet if they want to keep him on beyond this season.