Trail Blazers Sign, Waive Ashton Hagans

OCTOBER 1: The Blazers officially signed and then waived Hagans, according to the NBA transactions log.

He was on an Exhibit 10 deal, meaning if he joins the G League’s Rip City Remix and remains with that team for 60 days, he could earn a bonus up to $75K.

AUGUST 18: The Trail Blazers are signing free agent guard Ashton Hagans to a one-year deal, according to Chris Haynes of TNT and Bleacher Report (Twitter link).

Hagans, who played college ball at Kentucky prior to going undrafted in 2020, spent part of 2020/21 — his rookie season — on a two-way contract with the Timberwolves. However, he only appeared in two games with Minnesota for a total of four minutes prior to being waived in February 2021.

The Raptors signed Hagans to an Exhibit 10 contract in October 2021, waiving him almost immediately. He spent ’21/22 playing for their NBA G League affiliate, the Raptors 905.

Last season, the 24-year-old played for the Hornets’ NBAGL affiliate, the Greensboro Swarm, holding modest averages of 6.8 points, 4.6 assists, 3.2 rebounds and 1.2 steals in 30 regular season games (21.1 minutes).

Haynes didn’t reveal the terms of Hagans’ contract, but it’s highly likely to be a training camp deal featuring an Exhibit 10 clause. If Hagans is waived before the ’23/24 starts, he could receive a bonus worth up to $75K if he spends at least 60 days with Portland’s new G League affiliate, the Rip City Remix.

The Blazers currently only have 14 players under contract — 12 on guaranteed standard deals, and a pair on two-way contracts.

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