Fred VanVleet has declined his $22.8 million player option with the Toronto Raptors for the 23-24 season.
VanVleet has been expected to test unrestricted free agency this offseason.
VanVleet hasn’t ruled out negotiating a new deal and a return to the Raptors.
There are several contending teams interested in VanVleet on a sign-and-trade along with multiple teams with cap space.
VanVleet was a target of trade interest at the deadline and some of those teams could reengage.
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