The Trail Blazers have struck a deal with their top free agent, according to ESPN’s Adrian Wojnarowski (Twitter link), who hears from agent Thaddeus Foucher that Norman Powell has agreed to a five-year, $90 million contract to remain in Portland.
Chris Haynes of Yahoo Sports adds (via Twitter) that the fully guaranteed deal has no player options for the conclusion of the contract.
After spending his entire career with the Raptors, the 6-3 shooting guard was shipped to Portland in a deadline deal during the 2020-21 season.
With both clubs, Powell averaged 18.6 PPG, 3.1 RPG, 1.9 APG, and 1.2 SPG across 32.0 MPG on the season.
Luke Adams contributed to this report.
More must-reads:
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!