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Blazers, Powell Agree to Five-Year, $90 Million Contract

The Trail Blazers reached a new agreement with guard Norman Powell.

Miami Heat v Portland Trail Blazers Photo by Sam Forencich/NBAE via Getty Images

The Trail Blazers reached a five-year, $90 million agreement with Norman Powell to kick off the 2021 NBA offseason. According to Adrian Wojnarowski of ESPN, the Blazers and Powell acted quickly to get a new deal completed.

Wojnarowski cited Powell’s agent, Thaddeus Foucher, as the source. Chris Haynes of Yahoo Sports followed up the report, saying that Powell had no player options in the deal.

Powell arrived in Portland prior to last season’s trade deadline. The Blazers shipped Gary Trent Jr. and Rodney Hood to the Raptors for Powell’s services. Following the trade, Powell appeared in 27 regular season outings and averaged 17 points per game. Powell started in all six postseason matchups against the Nuggets.

Retaining Powell was widely viewed as the top priority of the Blazers this summer. With the former Raptors guard under contract, the Blazers can address their other roster issues. Of course, Powell’s new deal will combine with the Portland’s already-hefty backcourt bill. Damian Lillard is set to earn $43.7 million next season and CJ McCollum is slotted to bring in $30.8 million.