The deadline was originally on May 9, but it has been pushed back to June 29. Thus, the Rockets and VanVleet have more time to negotiate a new deal.

The Athletic insider John Hollinger looks into the pros of declining the option and getting VanVleet on a new contract. "The other key piece to Houston’s cap strategy is VanVlee

Fred VanVleet and the Houston Rockets have agreed to push back the deadline date on his $44.9 million team option, according to ESPN. The deadline, which was originally May 9, is now June 29.