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Report: Trail Blazers sign president Neil Olshey to contract extension

Damian Lillard, Neil Olshey

Portland Trail Blazers’ Damian Lillard, left, chats with Trail Blazers GM Neil Olshey prior to the start of an NBA basketball game in Portland, Ore., Saturday, March 28, 2015. (AP Photo/Greg Wahl-Stephens)

AP

Just after a rumor emerged about the Wizards trying to hire Trail Blazers president Neil Olshey…

Adrian Wojnarowski of ESPN:

It’s nice to be wanted. It always adds leverage in contract negotiations.

Olshey has done well in Portland, building a winner around Damian Lillard and CJ McCollum after LaMarcus Aldridge left. But Olshey’s job will get harder now.

Evan Turner, Meyers Leonard and Maurice Harkless each have another season on the expensive contracts Olshey gave them in the wild summer of 2016. That’ll inhibit flexibility this offseason.

Then, Lillard is set to sign a super-max extension that will take effect in 2021. As great as Lillard is, it’ll be difficult building a contender around someone projected to earn $43 million, $46 million, $50 million and $53 million from ages 31-34. There’s so little margin for error, especially if ownership is less willing to pay the luxury tax than the late Paul Allen was.

But Olshey has earned a chance to handle these dilemmas.