Found January 03, 2008 on
Blazers Blog:
Here's the deal: 3 years, $12 million. The third year is a team-option as we suspected.  So by my count, the club still has about $1.35 million of it's MLE to offer to another free agent if they want.
Original Story:
http://blazers.blogspot.com/2007/07/d...
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