Fred VanVleet Net Worth: How Much Is He Worth?
$130 million is a large sum of money for a free agent, and it only goes to show how excellent a player he is. Following the signing of his three-year, $130 million contract with the Houston Rockets, there has been a lot of speculation about Fred VanVleet net worth.
How much is the new Houston Rockets player worth?
Follow this article to learn about how much he is worth, what his career exploits are, and who he is outside of sports.
Early Life and Career
Fred VanVleet was born in February 1994 in Rockford, Illinois.
He is a 6’0″ point guard and shooting guard. VanVleet attended Auburn High School.
He attended Wichita State University and was a three-time All-American.
First-team All-MVC selection and three-time AP honoree Honorable mention All-American, MVC Player of the Year twice, and third-team All-American.
Despite going undrafted, Fred VanVleet signed with the Toronto Raptors in 2016.
In 2017, he won the NBA D-League championship with the Raptors 905. VanVleet and the Toronto Raptors won the NBA title in 2019.
In 2020, he agreed to a four-year, $85 million contract deal with Toronto.
He averaged 10.5 points per game in his first four NBA seasons.
His career trajectory has seen him sign some lucrative contracts, and that has pushed Fred VanVleet net worth higher.
His latest $130 million contract with the Houston Rockets for three years is one that will see him earn even more money for his efforts.
So how much is Fred VanVleet worth at the moment?
We will get to find out soon how much money he has made in his career.
READ ALSO: Fred VanVleet Wife: Does Fred VanVleet Have a Wife or Girlfriend?
Contract With Houston Rockets
Klutch Sports CEO Rich Paul and agent Erika Ruiz told ESPN’s Adrian Wojnarowski on Friday that free agent point guard Fred VanVleet has agreed to a three-year, $130 million contract with the Houston Rockets.
VanVleet’s tenure in Toronto, where he spent all seven of his NBA seasons and was an All-Star in 2022, is officially over.
Later that day, Toronto signed free agent Dennis Schroder to a two-year, $26 million contract.
Houston signed VanVleet, 29, to the first max contract of free agency, a $130 million deal that is the richest in NBA history for an undrafted player.
VanVleet is well-known for using the slogan “bet on yourself” to describe his career trajectory, and he used it again Friday night when he transitioned to a new team.
What Is Fred VanVleet Net Worth?
Fred VanVleet net worth is estimated to be $20 million. His first big contract was an $85 million deal with the Raptures.
He has a $130 million contract with the Houston Rockets in a contract that is so much talked about.
VanVleet had a career-high and Raptors-record 20 assists, as well as 20 points, five rebounds, and three steals in a 128-108 win over the Charlotte Hornets on April 2, 2023.
He now holds the franchise record for assists and points in a single game.
VanVleet also became the only player to hold both marks for a single organization.
He and Hall of Famer Bob Davies are the only undrafted players in NBA history to have at least 20 points and 20 assists in a game.
VanVleet declined his $22.8 million player option to become an unrestricted free agent in the 2023 offseason in June 2023.
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