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Report: Portland Trail Blazers to waive guard Eric Bledsoe

Denver Nuggets v Portland Trail Blazers

PORTLAND, OR - FEBRUARY 27: Eric Bledsoe #5 of the Portland Trail Blazers warms up before the game against the Denver Nuggets on February 27, 2022 at the Moda Center Arena in Portland, Oregon. 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. Mandatory Copyright Notice: Copyright 2022 NBAE (Photo by Sam Forencich/NBAE via Getty Images)

NBAE via Getty Images

The Trail Blazers have been looking for a trade partner to take Eric Bledsoe for weeks, going back to before the NBA Draft, but to no avail.

Bledsoe has a $19.4 million contract for next season but only $3.9 million is guaranteed. That changes on July 10 when the full contract becomes locked in. Faced with a decision to pay him the entire amount to be a third point guard or let him walk, the Trail Blazers will waive Bledsoe, reports Shams Charania of The Athletic.

Bledsoe can be traded before Sunday, however, that team likely would do it for the financial savings and waive him.

Bledsoe, 32, will be entering his 13th NBA season. He averaged 9.9 points a game for the Clippers last season, but once he was traded to Portland he never touched the floor. He was put on the injured list with a strained Achilles, even though the Clippers had not previously listed that injury. He was never part of the Trail Blazers’ plans, they just wanted his contract to either trade or save money with themselves.

A team needing a backup point guard at a reasonable price will likely bring Bledsoe in for next season.