After scoring 26 points in Game 5 and 29 in Game 6 to help the Rockets force a win-or-go-home game in Houston on Sunday, veteran point guard Fred VanVleet couldn’t push his young team over the top in Game 7. He made another trio of three-pointers and had 17 points, but it wasn’t enough for the Rockets, whose season ended with a 103-89 loss to Golden State.
VanVleet, who signed a three-year, maximum-salary contract with Houston during the 2023 offseason, has a team option worth nearly $44.9MM on that deal for 2025/26. While it remains to be seen whether or not the Rockets intend to exercise that option, post-game comments from head coach Ime Udoka and VanVleet on Sunday made it clear that there’s mutual interest in continuing the relationship.
“I think both sides want to be here and want him here,” Udoka said (Twitter video link via Michael Scotto of HoopsHype). “From day one, the importance of him at the point guard position, leading us in a lot of ways and allowing guys to grow at the same time. … He’s a huge part of our growth. Love everything he’s done. Perfect combination of on-ball (and) off-ball for our guards and our young guys to grow. Obviously would love to have him back and I think the feeling’s mutual.”
As Udoka alludes to, the Rockets targeted VanVleet in large part because of his defense, toughness, and championship experience. His offensive numbers since arriving in Houston (15.9 PPG and 6.9 APG on .400/.369/.842 shooting) have been just solid, not spectacular, but he has played a key role in guiding a young team to the next level. The Rockets won no more than 22 games in any of the three years before VanVleet arrived, but have gone 93-71 since signing him.
For his part, VanVleet echoed his head coach’s comments and expressed a desire to remain in Houston in ’25/26 and beyond.
“Obviously, I put my heart and soul into this and this is where I want to be,” VanVleet said (Twitter video link). “It’s definitely a family situation. I’ve got a lot of love for our coaching staff and (general manager) Rafael (Stone) and the Fertitta family and just what we set out to do when I had my free agent meeting two years ago and we’re on that track. It was never a short-term vision — it was a long-term goal. We’re on track, we’re on schedule.
“It’s a tough way to lose and end the season, but my mind’s very far away from contract stuff right now. We’ll get to that when it’s time.”
With lucrative new extensions for Alperen Sengun and Jalen Green taking effect this summer, the Rockets would likely prefer to reduce VanVleet’s cap hit. Picking up his option would bring the team’s guaranteed commitments to $176MM+ for nine players next season. The luxury tax line is projected to be at $187.9MM.
Given that context, it wouldn’t be a surprise if Houston declines VanVleet’s $44.9MM option with an understanding that he’d accept a longer-term deal paying him less money in 2025/26 but increasing his overall guarantee across multiple years. If the Rockets decide they’re comfortable with that $44.9MM cap charge next season, they could also exercise the option and explore a more team-friendly extension that begins in ’26/27.