Blazers sign Terry Stotts, Neil Olshey to contract extensions
NBA.com Global on May 25, 2019 06:46 AM
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PORTLAND – The Portland Trail Blazers have signed head coach Terry Stotts to a multi-year contract extension, keeping him as head coach of the franchise through the 2021-22 season, president of basketball operations Neil Olshey announced today. Per team policy, terms of the extension were not disclosed.
With playoff series wins over Oklahoma City and Denver this season, Stotts guided the Trail Blazers to their first Western Conference Finals berth since 2000, finishing with a 53-29 record and the third seed in the West. Under Stotts, Portland has made the postseason six straight seasons and is 325-249 over seven seasons since he was hired in 2012. That stretch also includes two division championships and two trips to the Western Conference Semifinals.
"In the face of adversity, Terry did an inspirational job this season leading our team to one of its most thrilling and best finishes ever," said Jody Allen, Trustee of the Paul G. Allen Trust. "It speaks to his experience, creativity and resolve and I am looking forward to where he can take the team in the years to come."
On Jan. 18 vs. New Orleans, Stotts joined Jack Ramsay as the second coach in franchise history to reach 300 wins and is one of six active NBA head coaches to have 300 victories with their current team. He is also the second head coach to lead the franchise to six straight postseason appearances, joining Rick Adelman.
“Terry’s leadership and approach to the game are critical to our continued success, said Olshey. “His ability to develop young players while winning at a high level allows us to build a sustainable roster without sacrificing immediate results. We have built a successful partnership these past seven years and I look forward to continuing that success in the future.”
Portland has finished with a winning record in six consecutive seasons, marking the second time the team has accomplished that feat. Three of the franchise’s 14 50-win seasons have come under Stotts, whose 440-417 overall coaching record with Atlanta, Milwaukee and Portland make him just one of 48 head coaches to reach the 400-win mark in NBA history.
“I would like to thank Jody and Neil for their continued belief and trust in me and my staff,” said Stotts. “I am very excited to continue to build on what we started here seven years ago. Last season was very enjoyable and rewarding on many levels. I have been fortunate to work with a wonderful staff and talented players, who are all outstanding people.
“My wife, Jan, and I could not be happier with the ways things have turned out for us personally and for the team. We look forward to what the future will bring for the Trail Blazers.”
PORTLAND – The Portland Trail Blazers have announced a contract extension for President of Basketball Operations Neil Olshey, taking him through the 2023-24 season.
“Neil has done an exceptional job finding and keeping the talent that has made the Trail Blazers a perennial playoff team, culminating in this season’s magical run to the Western Conference Finals,” said Jody Allen, Trustee of Paul G. Allen Trust. “I have great confidence in the culture he has created in Portland, and I look forward to seeing it thrive and grow for years to come.”
Promoted to President of Basketball Operations in 2015, Olshey was named the 10th General Manager in franchise history on June 4, 2012, and finished his seventh season at the helm in 2018-19. In his role, Olshey leads the organization’s Basketball Operations, overseeing talent evaluation, player personnel decisions, contract negotiations and salary cap management.
“Consistency and continuity have been great assets to us as a franchise, and Neil’s extension speaks greatly to our on-court success,” said Trail Blazers president and CEO Chris McGowan. “Neil and his staff have done a tremendous job executing his vision for the team and the results are something we are all proud of.”
Under Olshey’s leadership, the Trail Blazers have won two division titles, made the postseason six consecutive seasons and are coming off playoff series wins over Oklahoma City and Denver that led them to their first Western Conference Finals berth in 19 years. Olshey fortified the team’s playoff roster by executing midseason deals for Rodney Hood and Enes Kanter.
“I am honored to extend my tenure with the Portland Trail Blazers under the leadership of Jody Allen, the ongoing partnership with Bert Kolde, Chris McGowan and Terry Stotts and in the memory of Paul G. Allen,” said Olshey. “Leslie, Connor, James and I love Portland and feel blessed to be a part of the future of Rip City.”