Fred Vanvleet Net Worth
Fred VanVleet Net Worth
Fred VanVleet, an American professional basketball player with a net worth estimated to be $25 Million dollars, amassed his fortune through playing for Toronto Raptors of the National Basketball Association (NBA), playing Point Guard position. Known for delivering stellar performances on court as an NBA player and earning endorsement deals through various endorsement deals as well as owning several cars and operating an online merchandise store, his wealth can be traced back to NBA earnings alone and various endorsement deals earned during endorsement deals he signed during his NBA playing days.
Fred had an outstanding debut year at college, leading his team to victory in the NCAA Men’s Division I Tournament Championship and becoming an Oscar Robertson Award watchlist player. Additionally, during his second year he made Missouri Valley Conference All-Conference First Team selections.
After not being selected in the 2016 NBA draft, he instead signed with Toronto Raptors’ NBA Summer League squad for three game appearances in Raptors 905 squad’s summer league contract. In November of that same year he made his NBA debut and scored his first two points for Raptors 19th game!
In 2020, VanVleet signed a four-year deal worth an unprecedented total of $85 million with the Raptors as an undrafted player – this contract marked one of the biggest undrafted deals ever in NBA history. Over his first four seasons with them he averaged 10.5 points per game.
VanVleet generates additional income via his online merchandise store and endorsement deals, such as his official endorsement for streetwear sneaker brand AND1. Most recently he signed a contract with Li-Ning, a Chinese sports apparel manufacturer.
VanVleet serves as an ambassador and spokesperson for Canadian companies Bombay Duck and Boost Mobile respectively, in addition to being the face of Canadian clothing brand Tommy Hilfiger. Additionally, he boasts an extensive collection of luxury cars such as an Audi A7 sedan car equipped with an engine capable of reaching top speeds of 155 miles per hour as well as an Audi Q8 mid-sized crossover SUV which boasts exceptional comfort and performance capabilities.
VanVleet will become a free agent in 2023 and many teams have expressed an interest in his services, however he could remain with Toronto Raptors indefinitely due to a player option of $21,250,000 on his current contract – it will be intriguing to see his decision this June!
