Fred VanVleet has agreed to a four-year, $85 million deal to re-sign with the Toronto Raptors, according to Shams Charania of The Athletic.
VanVleet's contract will reportedly include a player option in the fourth season.
He returns to a Raptors' team that thrived in the NBA bubble and was one game away from making it to the Eastern Conference finals, losing to the Boston Celtics 4–3 in the semifinals series.
VanVleet averaged 17.6 points, 3.8 rebounds and 6.6 assists per game throughout the 2020 season. In the 2020 playoffs, VanVleet averaged 19.6 points and 6.9 assists.
Here are the latest news and free agency signings from around the NBA:
- Carmelo Anthony is finalizing a deal to re-sign with the Portland Trail Blazers. (Shams Charania, The Athletic)
- Elfrid Payton and Knicks agreed to a one-year, $5M deal. (Adrian Wojnarowski, ESPN)
- Former Celtics forward Gordon Hayward signed a four-year, $120 million deal with the Charlotte Hornets. He signed an offer sheet with the Hornets in 2014 as a restricted free agent; however, Utah matched the deal and kept Hayward. (Adrian Wojnarowski, ESPN) Hayward's deal is fully guaranteed for all four seasons. (David Aldridge, The Athletic)
- Guard Rajon Rondo and the Atlanta Hawks have agreed to a two-year, $15M contract. (Adrian Wojnarowski, ESPN)
- Despite reportedly having interest from more than half of the league, Paul Millsap agreed to a one-year, $10M-plus deal to return to the Denver Nuggets. (Shams Charania, The Athletic) Millsap began his Nuggets career on a free-agent deal in 2017.
- Forward Gary Clark agreed to a two-year, $4.1M deal to stay with the Magic. (Adrian Wojnarowski, ESPN)
- Jeff Green has reportedly agreed to a deal with the Brooklyn Nets. (Shams Charania, The Athletic)
- Avery Bradley agreed to a two-year, $11.6 million deal with the Miami Heat. (Shams Charania, The Athletic)
- John Konchar, a former undrafted two-way player, and the Memphis Grizzlies agreed to a four-year, $9 million deal. (Shams Charania, The Athletic)
- Jae Crowder will reportedly sign a three-year, $30 million deal with the Phoenix Suns. (Shams Charania, The Athletic)
- The Mavs and Trey Burke reportedly agreed to a three-year deal. (Tim MacMahon, ESPN) NY Times' Marc Stein reported that the deal is in the $10 million range.
- Former Oklahoma City Thunder forward Danilo Gallinari and the Atlanta Hawks are finalizing a three-year, $61.5 million contract. (Adrian Wojnarowski, ESPN).
- Restricted free agent De'Anthony Melton has agreed to a four-year, $35 million deal with the Memphis Grizzlies. (Shams Charania, The Athletic)
- Free agent Bobby Portis has agreed to a two-year deal with the Milwaukee Bucks, with a player option for his second season (Shams Charania, The Athletic)
- Free agent guard Raul Neto has agreed to a one-year deal with the Washington Wizards for the league minimum salary of $1.8 million (Shams Charania, The Athletic)
- Free agent guard D.J. Augustin has agreed to a three-year, $21 million deal with Milwaukee (Shams Charania, The Athletic)
- Power forward Anthony Gill will be joining the Washington Wizards after agreeing to a two-year deal. (Adrian Wojnarowski, ESPN)
- Christian Wood and the Houston Rockets are finalizing a three-year, $27 million contract. (Frank Isola, ESPN) However, Shams Charania reported that Wood "remains engaged with interested teams."
- Restricted free agent Malik Beasley will be returning to the Minnesota Timberwolves after agreeing to a four-year, $60 million deal. (Shams Charania, The Athletic)
- Rodney Hood is heading back to the Portland Trail Blazers on a two-year, $21 million deal (Adrian Wojnarowski, ESPN) However, the second year is non-guaranteed.
- Over an hour after tweeting that he was staying with the Lakers, Dwight Howard has reportedly agreed to a one-year deal with the Philadelphia 76ers. (Shams Charania, The Athletic) His contract is for the veteran minimum exception of $2.6 million, but Philadelphia's cap hit is $1.6 million. (Bobby Marks, ESPN)
- Jordan Clarkson reportedly agreed to a four-year, $52 million deal with Utah, where he played most of last season after being acquired from Cleveland in December. (Adrian Wojnarowski, ESPN)
- Former Pelicans forward Derrick Favors also reportedly agreed to a contract with the Jazz, reportedly worth $30 million over three years. (Shams Charania, The Athletic)
- The Clippers re-signed free agent forward Patrick Patterson on a one-year deal. (Adrian Wojnarowski, ESPN)
- Free-agent center Mason Plumlee and the Detroit Pistons agreed to a three-year, $25 million deal. (Adrian Wojnarowski, ESPN)
- Free-agent center Jahlil Okafor also reportedly agreed to a two-year deal with the Pistons. (Adrian Wojnarowski, ESPN) The deal is reportedly worth $4 million. (Michael Scotto, HoopsHype)
- The Los Angeles Lakers added to their wing depth, signing a one-year, $3.6 million deal with former Milwaukee Bucks veteran Wesley Matthews. (Shams Charania, The Athletic) Given the open hole in the starting lineup after the Danny Green trade to the Thunder, Matthews has a strong possibility to start, a source told The Athletic's David Aldridge.
- The Miami Heat didn't waste any time during the first day of NBA free agency, re-signing both free-agent guard Goran Dragic and free-agent center Meyers Leonard. Dragic's two-year deal is reportedly $37.4 million, according to The Athletic's Shams Charania, while Leonard's two-year deal is nearly $20 million, ESPN's Adrian Wojnarowski reported.
- The Lakers are planning to sign forward Montrezl Harrell to a two-year, $19 million deal. The second year is a player option. (Brian Windhorst, ESPN)
- The Wizards are re-signing forward Davis Bertans on a five-year, $80 million contract. The deal includes an early termination option after the fourth year. (Adrian Wojnarowski, ESPN)
- Guard Alec Burks is signing a one-year, $6 million deal with the Knicks. (Adrian Wojnarowski, ESPN)
- Joe Harris has agreed to re-sign with the Nets on a four-year, $75 million deal. (Adrian Wojnarowski, ESPN)
- Forward Jerami Grant is signing a three-year, $60 million contract with the Pistons. (Shams Charania, The Athletic)
- The Bulls are signing Garrett Temple to a one-year, $5 million deal. (Adrian Wojnarowski, ESPN)
- Derrick Jones has signed a two-year, $19 million with the Trail Blazers. (Shams Charania, The Athletic).
- Marcus Morris is re-signing with the Clippers on a four-year, $64 million deal. (Adrian Wojnarowski, ESPN)
- The Spurs are signing Jakob Poeltl to a three-year, $27 million contract. (Shams Charania, The Athletic)
- Justin Holiday is re-signing with the Pacers on a three-year deal worth over $18 million. (Zach Lowe, ESPN)
- The Bucks are re-signing guard Pat Connaughton to a two-year, $8.3 million contract. The second year is a player option. (Adrian Wojnarowski, ESPN)
- The Nuggets are signing forward JaMychal Green to a two-year, $15 million contract, with a player option for the second season. (Shams Charania, The Athletic).
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NBA Free Agency: Toronto Raptors Re-Sign Fred VanVleet to Four-Year, $85 Million Deal - Sports Illustrated
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