AP source: VanVleet staying with Raptors; Hayward to Hornets

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FILE - In this Jan. 4, 2020, file photo, Toronto Raptors guard Fred VanVleet looks to pass the ball during the first half of an NBA basketball game against the Brooklyn Nets in New York. VanVleet agreed Saturday, Nov. 21, 2020, to a four-year, $85 million contract to remain with the Toronto Raptors, a person with direct knowledge of the discussions told The Associated Press on condition of anonymity because the contract remains unsigned. (AP Photo/Mary Altaffer, File)

Fred VanVleet bet on himself. It paid off.

Gordon Hayward, meanwhile, is heading to a new home.

VanVleet agreed Saturday to a four-year, $85 million contract to remain with the Toronto Raptors, a person with direct knowledge of the discussions told The Associated Press on condition of anonymity because the contract remains unsigned. The fourth year of the contract is at VanVleet’s option.

The Charlotte Hornets have wanted Hayward for years. On Saturday, they finally landed him, according to Priority Sports, the agency that represents the veteran forward. A person with knowledge of the terms, speaking on condition of anonymity because the deal hadn’t been signed, told the AP that Hayward will sign a four-year contract worth $120 million. ESPN first reported the agreement between Hayward and the Hornets.

VanVleet, the undrafted guard from Wichita State, has played a huge role in the Raptors’ recent successes, most importantly their run to the 2019 NBA championship. He has set career bests in scoring by wide margins in each of the last three seasons, that number rising to 17.6 points per game this past season.

Keeping VanVleet was of major importance to the Raptors, who have won at least 50 games in each of the last five seasons — by far the longest current streak in the NBA. Milwaukee has a two-year such streak, and the reigning NBA champion Los Angeles Lakers reached the 50-win mark last season.

It also fulfilled a VanVleet prophecy: He famously went undrafted four years ago, then passed on some low-money deals that he figured wouldn’t pan into much.

“I turned those down. I bet on myself,” VanVleet told friends and family on what would have been his draft night, a festive occasion that turned disappointing when the call from the NBA never came.