Rockets recommit to franchise leader with $50 million contract

Fred VanVleet is officially here to stay with the Houston Rockets for at least another season.The Houston Rockets expected Fred VanVleet to lead a playoff-ready team when they signed him to a three-year, $130 million contract in July 2023. Houston now expects VanVleet to lead a championship-quality unit after signing a new long-term deal on Wednesday.

Houston declined VanVleet's $44.9 million team option for next season, then signed him to a two-year, $50 million contract extension, according to ESPN's Shams Charania. VanVleet's contract reportedly includes a player option for 2026-27.

Houston Rockets guard Fred VanVleet intends to sign a two-year, $50 million contract to stay with the…