The Trail Blazers reached a three-year, $4.3 million deal with rookie Greg Brown III. According to HoopsHype contributor Michael Scotto, the Blazers created an avenue to Brown’s Bird Rights when the two sides reached an agreement earlier this week.
The Portland Trail Blazers signed Greg Brown III to a three-year, $4.3 million deal, league sources told @hoopshype. The first two years of the deal are fully guaranteed. The third year is non-guaranteed.— Michael Scotto (@MikeAScotto) August 14, 2021
The details of the new contract where not missed on Willamette Weekly contributor and cap guru Eric Griffith. In order to reach a three-year deal, the Blazers utilized a portion of the taxpayer mid-level exception.
This means Olshey used part of the TMLE on Brown. Only way to get a three-year deal.— Eric Griffith (@EricG_NBA) August 14, 2021
Good news: they'll lock up his Bird Rights.
Bad news: it used part of the only free agent asset the Blazers have other than min contracts. https://t.co/aONXCdvvqv
The Blazers utilized a similar strategy when they selected Gary Trent Jr. in the second round of the 2018 NBA Draft.
In his only season at Texas, Brown appeared in 26 games (24 starts). In those outings he averaged 9.3 points and 6.2 rebounds per game. The Blazers completed a trade with the Pelicans on draft night in order to acquire the No. 43 pick. Portland used that pick to select Brown. Through three Las Vegas Summer League appearances, Brown is averaging 10.0 points per game.