The Portland Trail Blazers and guard C. J. McCollum have reportedly come to terms on a four-year, $106 million contract extension.
The max deal is said to include no options or trade kickers.
Sources: C.J. McCollum agrees to $106 million max extension with Blazers. @WojVerticalNBA report on @TheVertical. https://t.co/gy7Zjj8FTh
— The Vertical (@TheVertical) July 25, 2016
@CJMcCollum #SecureYourBagAlert https://t.co/nyCNhTYlIW
— Damian Lillard (@Dame_Lillard) July 25, 2016
McCollum, 24, was named the NBA’s most improved player this past season.
Per Yahoo:
McCollum clearly would’ve been destined for a maximum offer sheet as a restricted free agent in the summer of 2017, and the Blazers eliminated the possibility of a “poison pill” offer sheet that could’ve allowed McCollum into unrestricted free agency with a player option on the third year of his deal.
McCollum’s extension will start in the 2017-18 season, and he will earn $3.2 million in 2016-17, the last year of his current rookie contract. McCollum will earn approximately $23.9 million, $25.7 million, $27.5 million and $29.3 million over the course of the four-year deal – based upon the projected $102 million salary cap next year.
McCollum started his breakout in the 2015 playoffs – averaging 17 points – and carried that momentum into a stellar 2015-16 season when he averaged 20.8 points and 4.3 assists. McCollum is part of a core of players drafted into the Blazers organization under (GM Neil) Olshey – and developed under coach Terry Stotts – that has signed long-term extensions in the past two years. […] (Damian) Lillard (five years, $139 million), (Allen) Crabbe (four years, $75 million) and Meyers Leonard (four years, $41 million) are among Portland draft picks secured for the long term.
