Trail Blazers guard Norman Powell will turn down his $11.6MM option for next season and become an unrestricted free agent, according to Chris Haynes of Yahoo Sports. Powell had a July 22 deadline to decide on the option.
Portland plans to make re-signing Powell a top priority in free agency, sources tell Haynes, though multiple teams are expected to be interested.
The Blazers acquired Powell from the Raptors at the trade deadline, giving up Rodney Hood and Gary Trent Jr. in return. Although he was forced to play out of position at small forward, Powell was productive during his 27 games with Portland, averaging 17.0 points per night while shooting 44.3% from the field and 36.1% from three-point range.
The 28-year-old will be among the top guards on the market, Haynes adds. He is expected to receive a sizable raise and a multiyear deal wherever he ends up.
Powell is the third guard to decline a player option so far this offseason, joining Spencer Dinwiddie (Nets) and Will Barton (Nuggets).
As our player option decision tracker shows, another Blazer – Derrick Jones – will have to make a decision on his contract by next Wednesday. Jones, who is coming off an underwhelming first year in Portland, seems likely to opt into his $9.7MM salary.
Is Powell hot？
His market value is 4 year $80 million
I guess 4*32
Compare to
Bogdan Bogdanovic contract
and play better defense
‘4*32’ and in four years and $32 million? He’s going to get way more than that.
Right? He’s not turning down his option to make like 3 mil less lmao. Silly man got out silly’d
Everyone knew Powell would opt out because his value is sky high right know
Sign Powell and trade McCollum.
Here come The Pelicans to grossly overpay in search of everlasting mediocrity.
Wiggins 48% and 38%
Powell 44% and 36%
Blazers can’t afford to let him go
Not bad for a second round pick.
Powell come to NY
Back to T.O.
Norm will end up back with Raps but not this contract term. Idiot teams like the Knicks will do something stupid on the money.
Raptors were the ones that gave him the contract lol. And if he’s declining the option he obviously expects to make more.
What “not this contract term” did you not understand.
With all these Guards out there are free agents, the Sixers can trade Simmons for another position player rather than a guard
He is good but would not give him more than 14 million a year for four years .
Lol he is worth way more than that. He’s easily worth $20M a year
Blazers should resign him and trade CJ. Stop all the BS and do it already. I know Thibs is looking at Powell. Blazers don’t appreciate you bro, NY will. 20 mill a yr