Report: C. J. McCollum Reaches 4-Year, $106 Million Extension With Blazers

by July 25, 2016
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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.

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.