Rodney Hood has signed a free agent contract with the Portland Trail Blazers, keeping him with the team for another season, maybe two. Hood recently gave up the only year left under his previous contract with the Blazers, worth $ 6 million. According to Adrian Voynarovski of ESPN, his new contract is for two years and $ 21 million, with the second year without a guarantee.
Free agent F Rodney Hood returns to the Portland Trail Blazers with a two-year deal for $ 21 million, ESPN sources said.
– Adrian Wojnarowski (@wojespn) November 21, 2020
This move gives Hood more money, but if Voynarovsky uses a “non-guaranteed” one in his technical sense – meaning the Blazers can buy the second year of the contract for less – it also protects Portland in the event of Hood’s rehabilitation from Achilles injury does not allow him to perform at his previous level.
Blazers will certainly use the “Early Bird” exception to rewrite Hood, which allows them to exceed the upper limit to do so. They will still be able to use their exceptions for a medium and two-year limit, except for Hood. The reported level of compensation would mean that Hood has increased the potential of Early Bird.
Hood averaged 11.0 points per game against Portland in 2019-20, shooting 49.3% of the three-point arc. He played in only 21 games before falling to the aforementioned injury that stopped him until the end of the season.