Fred VanVleet bet on himself when he signed his current contract with the Toronto Raptors — a four year, 85 million dollar deal with a fourth-year player option — and it’s paid off. In the literal sense, because he’s rich, and in the figurative sense that he’s probably going to make even MORE money in the coming months.
On June 15, it will be time for VanVleet to decide whether or not he will take his player option, worth 22.8 million dollars. Basically, a player option is when a player can decide whether or not they want to exercise the last year of their contract, or become a free agent.