After Blazer's Edge cited that report, Warren LeGarie contacted us to say that as Stotts' agent, he "strongly denies such an offer has been made...The 620 AM report was without any factual basis..."
The Blazers hold a team option year for Stotts in 2016-17, allowing them to retain their coach for one more season at the currently-negotiated rate if they so choose. They also have the option of letting him go or renegotiating the terms of his contract.
Stotts has accumulated a 182-146 record with the Blazers in 4 seasons, 11-16 in the post-season. He was the runner up for the NBA's Coach of the Year Award in 2016 and guided his team to the second round of the Western Conference Playoffs.