Blazers Trade For Thunder G Eric Maynor; Waive Ronnie Price

Marc Spears of Yahoo! Sports reports on Twitter that the Portland Trail Blazers have agreed to traded for Oklahoma City Thunder reserve guard Eric Maynor.

Thunder has traded reserve point guard Eric Maynor to Blazers, a source told Y! Sports. OKC will land a trade exception for Eric Maynor, source said.

Chris Haynes of CSNNW.com reports on Twitter that Ronnie Price will be released to open the necessary roster spot to accommodate Maynor.

CSNNW has learned that G Ronnie Price will be the one waived by #Blazers to make room on the roster for Eric Maynor.

The Blazers have confirmed the moves in a press release with quotes from GM Neil Olshey.

The Portland Trail Blazers have acquired guard Eric Maynor from the Oklahoma City Thunder in exchange for the draft rights to Georgios Printezis, it was announced today by General Manager Neil Olshey.

Maynor, 25, has appeared in 37 games this season with the Thunder, averaging 2.8 points, 0.5 rebounds and 2.0 assists in 10.6 minutes per game.

"Eric is a player we have valued and pursued for some time," said Olshey. "His skill level and character will be excellent additions to our culture on and off the floor."

Maynor (6-3, 175) holds career averages of 4.2 points, 1.3 rebounds, 2.9 assists and 14.3 minutes in 209 career games with Oklahoma City and Utah. He was originally selected out of Virginia Commonwealth by the Jazz with the 20th overall pick in the 2009 NBA Draft.

The Trail Blazers acquired the draft rights to Printezis on July 16, 2012, in the deal with New York that included Jared Jeffries coming to Portland in exchange for Raymond Felton and Kurt Thomas. Portland acquired Maynor by using a trade exception created in the Jeffries deal.

Portland waived guard Ronnie Price to make room on the roster. In his only season with the Trail Blazers, Price averaged 2.7 points, 1.1 rebounds, 1.9 assists and 13.1 minutes in 39 appearances.

"Ronnie has been a consummate professional and we thank him for his contributions to the team," said Olshey.

Eric Maynor writes on Twitter...

I want to thank the Oklahoma City Thunder for everything the last 3 years......appreciate all the love n support from the fans as well......

Marc Stein of ESPN.com also reported the move on Twitter.

Eric Maynor going from OKC to the Blazers is 100 percent happening, sources say

OKC opts to trade Maynor to Portland to create trade exception as opposed to taking back second-round pick. Exception lasts for one year

Brian Windhorst of ESPN.com reports on Twitter...

The Blazers will use an exception to take Eric Maynor

Darnell Mayberry of The Oklahoman reports on Twitter...

Confirmed: The Thunder has traded Eric Maynor to Portland.

The Thunder is not receiving a draft pick from the Blazers in exchange for Eric Maynor. Only a trade exception.

Ken Berger of CBSSports.com reports on Twitter...

League source confirms OKC has traded backup point guard Eric Maynor to Portland

Adrian Wojnarowski of Yahoo! Sports reports on Twitter...

Blazers will send the draft rights of Georgios Printezis to the Thunder as part of the Eric Maynor deal, source tells Y!

Maynor, 25, is averaging 2.8 points and 2.0 assists in 10.6 minutes per game this season. He missed most of the 2011-12 season with a knee injury and his playing time has been squeezed this season by the emergence of 2011 first-round pick Reggie Jackson. Maynor, a 2009 first-round pick, is in the final year of his rookie contract that pays him $2.3 million.

Printezis' rights were acquired from the New York Knicks in a sign-and-trade for Raymond Felton last summer.

Price, 29, was signed by the Blazers last summer. He averaged 2.7 points and 1.9 assists in 13.1 minutes during 39 appearances this season. He dealt with a series of ankle injuries since training camp.

The Blazers have a full 15-man roster and needed to trade or waive a player to open up a spot for Maynor because no player is sent in return.

Earlier reports indicated that a draft pick was involved. That does not appear to be the case.

Talks of a possible trade first broke earlier Thursday.

This post will update.

-- Ben Golliver | benjamin.golliver@gmail.com | Twitter