Portland Trail Blazers guard CJ McCollum has agreed to a three-year, $100 million contract extension — extending his current deal to five years and $157 million, his agent, Sam Goldfeder of Excel Sports, tells ESPN.
The new deal will start with the 2021-22 season.
McCollum became eligible for the extension on Saturday – and joins All-NBA teammate Damian Lillard in summer deals that solidify the Blazers’ backcourt into the mid-2020s.
Goldfeder and Blazers president of basketball operations Neil Olshey completed the agreement on Tuesday.
McCollum, 27, has been one of the anchors of the Blazers’ success in recent seasons, including two trips to the Western Conference semifinals and last season’s berth in the conference finals.
McCollum was eligible to negotiate the extension beginning on July 25 — the third anniversary of signing his four-year, $106 million extension.
He averaged 21 points in each of the last two regular seasons, and 24.7 points and 25.3 points, respectively, in the playoffs. The 10th overall pick to Portland out of Lehigh in the 2013 NBA draft, he was voted the NBA’s Most Improved Player in 2016.
The Blazers signed Lillard to a four-year, $196 million extension this summer, keeping him under contract through the 2025 season.