Trail Blazers To Sign Ronnie Price

July 18 2012 at 4:40pm CST By Luke Adams

4:40pm: The Blazers will sign Price to a minimum-salary deal, Olshey confirmed (Twitter link via Blazers' Edge).

4:31pm: The Trail Blazers will sign Ronnie Price to a contract, perhaps as soon as today, according to Portland GM Neil Olshey (Twitter link via Ben Golliver of Blazer's Edge). After they matched the Timberwolves' offer sheet for Nicolas Batum, I don't believe the Blazers have any leftover cap space, so the team figures to sign Price using either the room exception or the minimum salary exception.

Price, a seven-year NBA veteran, played for the Suns in 2011/12 after spending time with the Kings and Jazz in previous years. The 6'2" guard averaged a career-high 14.4 minutes per game in Phoenix, but provided limited production, averaging 3.6 PPG and 1.9 APG to go along with .377/.295/.800 shooting.

The 29-year-old Price, who was an unrestricted free agent, will likely see time behind Damian Lillard at the point in Portland.

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