Fred VanVleet and the Toronto Raptors are likely to sign a four-year contract extension this offseason worth approximately $110 million, sources tell Jake Fischer of Bleacher Report.

VanVleet re-signed with the Raptors on a four-year, $85 million deal.

VanVleet was an All-Star in 2022, averaging 20.3 points, 4.4 rebounds and 6.7 assists in his first season without Kyle Lowry.