Blazers’ McCollum signs $100M extension

Field Level Media

July 31, 2019 at 12:00 am.

Portland Trail Blazers guard CJ McCollum agreed to a three-year contract extension Tuesday, the team announced.

The value of the extension is $100 million, according to multiple reports. It increases the 27-year-old’s current deal to five years and $157 million (through 2023-24).

“CJ McCollum is a franchise cornerstone and a critical part of our future,” said Trail Blazers president of basketball operations Neil Olshey in a team release. “This extension represents a strong level of commitment between CJ, the Trail Blazers and the city of Portland.”

Portland’s first-round pick (10th overall) in 2013, McCollum has averaged better than 20 points per game in each of the past four seasons.

He averaged 21.0 points, 4.0 rebounds and 3.0 assists and made 167 3-pointers in 70 games (all starts) during the 2018-19 regular season. In 16 postseason games, he averaged 24.7 points, 5.0 rebounds and 3.7 assists as Portland reached the Western Conference finals.

The Trail Blazers locked up All-Star guard Damian Lillard earlier this summer to a four-year, $196 million super max extension through the 2024-25 season.