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Around the NBA: Norman Powell to become free agent, A-Rod joins T-Wolves ownership group

Norman Powell of the Portland Trail Blazers has declined his player option for the 2021-22 season, meaning he will become a free agent on August 1st, according to Chris Haynes of Yahoo Sports.

More from Haynes:

Portland Trail Blazers guard Norman Powell told Yahoo Sports he will decline his player option for the 2021-22 season and become an unrestricted free agent Aug. 1.

The player option is worth $11.6 million and he is expected to receive a considerable raise and a multiyear deal this summer.

The Trail Blazers acquired Powell from the Toronto Raptors at the NBA trade deadline this past March.