NBA Rumors: Raptors To Discuss Long-Term Extension With Team Leader

After taking over the reins of the team from Kyle Lowry, Fred VanVleet stepped up and delivered as both a leader, and an All-Star for the Toronto Raptors this year. Word is that a long-term extension could be on the table this summer.

According to Michael Scotto of HoopsHype, VanVleet, currently in the middle of a 4-year, $85M contract, becomes eligible for an extension of 3-years, $89M this offseason. Scotto reports that the 28-year-old could also decline his player option for 2023-24, and then become eligible for a 4-year, $114M extension.

As noted by Raptors Insider Blake Murphy, "there’s not really a rush because he could opt out after this upcoming season, but the Raptors would have his Bird Rights and would be in a position to keep him."

Either way, Toronto is expected to want to lock up their team leader for the long-term.

This past season, in addition to making his first All-Star team, the 28-year-old averaged 20.3 points and 6.7 assists while shooting 37.7% from three-point range. And that's despite being slowed the last two months of the season with a stubborn knee injury. 

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