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Norman Powell ($90M with Trail Blazers), Gary Trent Jr. ($54M with Raptors) re-signing after pre-deadline trade

Gary Trent Jr. and Norman Powell in Raptors-Trail Blazers

TAMPA, FLORIDA - MARCH 28: Norman Powell #24 of the Portland Trail Blazers and Gary Trent Jr. #33 of the Toronto Raptors walk on the court during the fourth quarter at Amalie Arena on March 28, 2021 in Tampa, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Douglas P. DeFelice/Getty Images)

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The Raptors and Trail Blazers exchanged Norman Powell and Gary Trent Jr. just before the trade deadline.

Portland – trying to win quickly – wanted the better, though older, Powell. Toronto – content taking a step back – valued the younger Trent.

Fittingly, both are re-signing for $18 million per year, though Powell will get a much bigger financial commitment from Portland, which is also signing Cody Zeller.

Chris Haynes of Yahoo Sports:

Adrian Wojnarowski of ESPN:

Both Powell and Trent come out ahead after prior contract decisions.

Powell declined his $11,615,328 player option and, as expected, gets a sizable raise. The real question: Will Portland re-signing Powell impress dissatisfied Damian Lillard?

Trent rejected an extension from the Trail Blazers before the season, when they could have offered him only up to $53.76 million over four years. Not only does Trent now get more over just three years, he can enter unrestricted free agency at age 24.

Zeller is a massive defensive upgrade over Enes Kanter at backup center.