Report: Norman Powell Re-Signs in Portland

Former Toronto Raptors guard Norman Powell has agreed to a five-year, $90 million deal to return to the Portland Trail Blazers

Troy Wayrynen-USA TODAY Sports

Former Toronto Raptors guard Norman Powell will be staying in Portland.

The 28-year-old sharpshooter has reportedly signed a five-year, $90 million contract with the Portland Trail Blazers, according to ESPN's Adrian Wojnarowski.

Free agent G Norman Powell has agreed to a five-year, $90M deal to return to the Portland Trail Blazers, his agent Thaddeus Foucher of @Wasserman tells ESPN.

— Adrian Wojnarowski (@wojespn) August 3, 2021

Toronto dealt Powell at the trade deadline for Rodney Hood and Gary Trent Jr., the latter of whom signed a three-year, $54 million to re-sign with the Raptors.

The 28-year-old Powell had opted out of an $11.6 million player option he had for next season to test the free agent market. He's coming off a career season in which he averaged 18.6 points and shot 41.1% from three-point range.

Ultimately, Toronto made the decision to get a little younger and a little cheaper and decided to move Powell to Portland. While the average annual value is the exact same, $18 million per season, Powell got an additional two years on his contract.

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