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Report: Raptors G Fred VanVleet opting out of contract

Apr 4, 2023; Charlotte, North Carolina, USA; Toronto Raptors guard Fred VanVleet (23) shoots a free throw after the Charlotte Hornets were assessed a technical during the first half at Spectrum Center. Mandatory Credit: Nell Redmond-USA TODAY Sports
Credit: Nell Redmond-USA TODAY Sports

Toronto Raptors All-Star Fred VanVleet is declining his $22.8 million player option for 2023-24 to enter free agency, ESPN reported Monday.

The 29-year-old guard has not ruled out negotiating a new deal with Toronto, where he averaged 19.3 points, 7.2 assists and 4.1 rebounds in 69 games (all starts) in 2022-23. He was third in the NBA with 1.8 steals per game.

VanVleet has spent his entire career with the Raptors, making the All-Star team in 2021-22 and helping them win an NBA championship in 2018-19.

He owns career averages of 14.6 points, 5.3 assists and 3.3 rebounds in 417 games (268 starts) since arriving as an undrafted free agent in July 2016.

VanVleet signed a four-year, $85 million deal with the Raptors in November 2020. If he declines his player option, he would become an unrestricted free agent on July 6.

–Field Level Media

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