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Fred VanVleet 'Excited' After Rockets Signing ... 'Looking Forward To New Situation'

Fred VanVleet is fired up to be joining the Rockets ... telling TMZ Sports that after spending the past seven seasons in Toronto, he's "looking forward" to the new sitch!!

The All-Star guard explained his excitement to us over his new 3-year, $130 million contract with Houston while he was out getting some shopping done on Rodeo Drive in Beverly Hills this week.

While he obviously loved his time with the Raptors (the guy, after all, won a championship and made his first-ever All-Star team in Toronto), he did admit he's eager to get everything going in H-Town.