PORTLAND, Ore. — Following the conclusion of the Portland Trail Blazers' most successful season in nearly 20 years, players, coaches and executives gathered at the Moda Center to speak with the media one last time before the start of the offseason.
Trail Blazers president of basketball operations Neil Olshey did break some news during the interviews, announcing that head coach Terry Stotts and the team had agreed to a multi-year contract extension. The terms of the extension are unknown at this time.
In other offseason news, Portland returns 10 players next season and has a first-round draft pick (No. 25). It has a committed $129 million in salary for next season, just $3 million below the luxury tax line.
Barring salary clearing trades, the Blazers look like they'll be a tax-paying team for the second season in a row, which because of the restrictions of the collective bargaining agreement, will make it difficult for the Blazers to resign some of their own free agents.
The Blazers' four free agents — Enes Kanter, Rodney Hood, Seth Curry and Al-Farouq Aminu — were major contributors this season.
The Blazers have full Bird rights for Aminu, which means they can exceed the cap to sign him. They don't have Bird rights for Curry, Hood or Kanter, which means they're limited to offering them contracts that will likely fall below the market value for each player.
Superstar guard Damian Lillard will likely become eligible to sign a supermax contract extension. One report indicates he and the Blazers will come to an agreement this summer on the extension, which would pay him an additional $191 million and keep him in Portland through the 2024-25 season.
CJ McCollum, Evan Turner, Meyers Leonard, Maurice Harkless, and Skal Labissiere are also eligible for contract extensions this offseason.
VIDEO: CJ McCollum exit interview
VIDEO: Enes Kanter exit interview
VIDEO: Rodney Hood exit interview
VIDEO: Zach Collins exit interview
This story will be updated