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Report: Terry Stotts’ contract extension worth about $5 million per year

Portland Trail Blazers v Utah Jazz

SALT LAKE CITY, UT - NOVEMBER 4: Head coach Terry Stotts of the Portland Trail Blazers looks on during their game against the Utah Jazz at Vivint Smart Home Arena on November 4, 2015 in Salt Lake City, Utah. 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 Gene Sweeney Jr/Getty Images)

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The Trail Blazers reportedly offered Terry Stotts a five-year, $20 million contract extension, and they eventually reached a deal with their coach.

So, how much did he get?

Kevin Arnovitz of ESPN:

The big unanswered question: How much will Stotts make next season? Did Portland just exercise Stotts’ team option, which presumably would pay him less than $5 million? Or did that get renegotiated as part of the extension?

Stotts – who finished second Coach of the Year voting – has earned a salary in the $5 million range. On the other hand, the Trail Blazers hired him when – after failed stints with the Bucks and Hawks – other teams might not have. Perhaps, Portland should get full return on that investment with a cheaper 2016-17 salary.

The Trail Blazers might need a little extra cash on hand to pay players next season.