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Rockets free agency: Momentum builds for Fred VanVleet, slows for James Harden, Brook Lopez

With significant salary cap room and a clear need for veterans, many media reports have linked the Houston Rockets to a potential pursuit of Fred VanVleet once the NBA’s 2023 free agency window officially opens at 5:00 p.m. Central on Friday, June 30.

For months, the thought around the league was that Houston would pursue a reunion with James Harden to fill its lead-guard role. But the Rockets appear to be view VanVleet as a cleaner fit alongsidetheir young and rebuilding roster, while Harden looks more likely to stay put with a veteran-laden title contender in Philadelphia.

Then again, the question is if VanVleet will accept the financial terms being offered by general manager Rafael Stone. The Rockets appear willing to offer a maximum contract to the 29-year-old floor general, but only for two years. That type of deal would give Houston future flexibility, should VanVleet’s play decline or if they need to turn the page to a developing prospect such as Amen Thompson.

As of midday Wednesday, June 28, here’s where things appear to stand, according to various media reports across the league.

Rockets aggressively chasing non-Harden free agents

The Rockets are out there, from what I am told, very aggressively chasing other free agents. They are not acting as if they think are getting James Harden.

(ESPN’s Brian Windhorst)

James Harden expected to stay in Philadelphia

Rockets pursuing Fred VanVleet at two-year maximum contract

The Rockets want to sign [Fred] VanVleet to a max two-year deal projected at $83.6 million.

VanVleet and Memphis’ Dillon Brooks continue to be the free agents most frequently billed as Houston-bound this week, with James Harden increasingly projected to return to Philadelphia on a two or three-year contract.

(Marc Stein, The Stein Line)

Brook Lopez likely to spurn Rockets?

[Brook] Lopez — despite Houston’s well-chronicled interest and the presumed threat to a Rockets bid would carry — is likewise leaning toward a Bucks return.

(Marc Stein, The Stein Line)

Another source with knowledge of the situation in Houston suggested the possibility of the Rockets’ signing Lopez is overblown  — “not happening,” they said.

(Michael Grange, Canada’s SportsNet)

Raptors to meet with VanVleet on Friday night

The Raptors are expected to meet VanVleet in Los Angeles on Friday night.

(Michael Grange, Canada’s SportsNet)

Raptors won’t match a $40-million annual bid from Houston?

“Everyone outside the [Raptors] seem to say VanVleet is leaving,” said one league source. “But if you’re an agent, that’s what you want everyone to say.”

Another source with knowledge of the situation in Houston… said the notion of a $40 million offer for VanVleet has yet to materialize, though the Rockets’ interest in the Raptors point guard is very much real.

For their part, the Raptors have remained confident they can reach an agreement with VanVleet and feel he wants to remain in Toronto as well, but they aren’t in a position to match a $40 million offer.

“They might have a glass ceiling on the upper end of what they’re willing to pay,” said one source.

(Michael Grange, Canada’s SportsNet)

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Story originally appeared on Rockets Wire