Addy Dports > Basketball > $50 million in 2 years! Congratulations to the Rockets for achieving the fourth major signing this summer!
$50 million in 2 years! Congratulations to the Rockets for achieving the fourth major signing this summer!
When I woke up, the Houston Rockets, which have been doing well recently, have received big good news again! Last season, the starting point guard Fred Van Vreet, a great hero who helped the Rockets return to the playoffs after many years, announced a significant salary cut to renew the contract for staying with the team.
According to Shams Charania, a well-known ESPN reporter, league sources revealed that the Houston Rockets and guard Fred VanVreet reached a two-year contract renewal worth $50 million, of which the 2026-27 season is the player option. It is reported that the Rockets first refused to implement Van Vreet's $44.89 million team option for the 2025-26 season, and then reached a contract extension with its agent Ricci Paul. It is particularly worth mentioning that compared with the previous three-year 130 million contract, Van Vritte's salary reduction was a significant reduction in this contract.
As we all know, VanVleet's agent Rich Paul is one of the most energy agents in the NBA. He is known for his expertise in winning big contracts for his players. In the past few years, he has won big contracts for his players LeBron James, Anthony Davis, Mengmeng Green, Zach Raven, Maxi, Fox, Dezonte Murray and other stars. However, in this contract renewal negotiation on behalf of Van Vreett and the Rockets, Ricci Paul made extremely rare concessions to reduce salaries, which is enough to demonstrate the super negotiation ability of Rockets general manager Stone. It can also be seen that Van Vreett is willing to make economic sacrifices for the Rockets!
As Van Vreeter will cut his salary by about $20 million next season, this has reduced the Rockets' total salary, which allows them to use a full-time middle-class special case worth $14.1 million this summer. It can be seen that the two-year, 50 million contract renewal reached by the Rockets and Van Vritte is simply amazing! Because this will help the Rockets better build a championship lineup this summer. While the cap space was released, they managed to retain the starting point guard, and they also got a 14.1 million deal exception from it. Therefore, this signing is a win-win situation for the Rockets!
In the past few days, the Houston Rockets have been the biggest winner in the trading market! They first renewed their contracts for substitute center Steven Adams in advance for 3 years and 39 million yuan, and then completed an 8-digit renewal contract with a year-on-year salary of qualifying coach Uduka, and then gave away Jaylen Green + Dillon Brooks + the 10th pick in the first round of this year + 5 future second round picks, and obtained superstar Kevin Durant from the Suns. Now they have reached a two-year, 50 million contract renewal contract with Van Vritt! In just a few days, the Rockets have reached four major signings one after another, which has allowed them to easily create an incredible championship formation in a very short period of time.
It is no exaggeration to say that the Houston Rockets will definitely be a huge threat to the Wild West and even the league next season, and they will be one of the most powerful contenders for the championship! At this point, Rockets fans finally had the confidence to shout out the five words that had been suppressed in their hearts for many years: Rockets championship! Congratulations to the Rockets on their successful renewal of Van Vritte! Looking forward to the Rockets launching!
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