The Houston Rockets are heading into NBA free agency with limited financial flexibility, but they still have key decisions to make. ## What does Fred VanVleet's present and future look like?

Fred VanVleet, the 32-year-old point guard, exercised his $25 million player option for the 2026-27 season on Monday, league sources told The Athletic. VanVleet missed the entire 2025-26 season with a torn right ACL. The Rockets hope to insert VanVleet back into the starting lineup on opening night. But VanVleet's recent comments on his podcast have caused concerns about his injury. He said he tore both the ACL and the meniscus in his right knee last summer.

What are the Rockets' offseason priorities?

The Rockets need to address their weaknesses, particularly perimeter shooting and rotation variety, as mentioned by coach Ime Udoka at the end of last season. They have 10 players under contract, excluding restricted free agent Tari Eason and second-round pick Bruce Thornton. The team has about $21.5 million worth of room below the projected first-apron threshold. One possible move is inking a long-term extension with two-way ace Amen Thompson.

What comes next for the Rockets?

The Rockets will be one of the most intriguing teams to watch this offseason, despite not being involved in the splashiest moves. Anything involving Kevin Durant will draw intrigue, and the team's improved health and experience will make them tougher to deal with. The Rockets understand that catching up to the last two Western Conference champions, San Antonio and Oklahoma City, will require key acquisitions. Here are some key statistics:

DateResult
2026-05-02Houston Rockets 78-98 Los Angeles Lakers

The Rockets' recent form has been 2W-0D-3L (LWWLL, most recent first). As the offseason begins, the Rockets will look to make moves to improve their roster and compete in the NBA.