Hood returns to Portland on 2-year, $16M deal

Mario Hezonja

Lillard and the Blazers have agreed to a four-year, $196 million super max extension. He has two seasons remaining on a five-year, $140 million deal he signed in July 2015.

With the extension, Lillard will now be a Blazer for six more season and earn an annual salary of $43 million, per Charania.

While teams are preparing for the free agency period to open, the Portland Trail Blazers have ensured their franchise player will be around for years to come.

Damian Lillard is reportedly set to stay in Portland for a long time.

Lillard qualified for the supermax by being an All-NBA selection.

Damian Lillard was a hero for Portland in the first round against OKC. Lillard is the seventh Trail Blazer to be named All-NBA, joining Bill Walton, Maurice Lucas, Jim Paxson, Drexler, Brandon Roy and LaMarcus Aldridge. He is one of four National Basketball Association players to average at least 25 points and 5 assists per game in each of the past four seasons, along with Stephen Curry, LeBron James, and James Harden.

The 28-year old guard begins his eighth National Basketball Association season this winter. The four-time All-Star is also a four-time All-NBA performer. He averaged 33 points in the opening round against the Thunder, but his production fell against the Denver Nuggets in the West semis and the Warriors in the West finals when he was double-teamed.

Information from The Associated Press was used in this report.

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