Jerami Grant and the Portland Trail Blazers have reached a contract agreement that will keep the free agent forward in Portland. The new deal is worth $160 million over five years. Re-signing Grant was an early agenda item on Portland’s free agency to-do list. They could not generate cap space by releasing him. Now they have a starting forward and preserve a future trade asset if needed down the road.
The Athletic’s Shams Charania broke the news:
Free agent forward Jerami Grant and Klutch Sports CEO Rich Paul have agreed on a five-year, $160 million deal to return to the Portland Trail Blazers, sources tell @TheAthletic @Stadium.