The Blazers reportedly signed swingman Martell Webster to a four-year contract extension on Friday afternoon.
Webster's agent Bob Myers told ESPN that his client has signed a four-year extension with the Blazers believed to be worth $20 million.
The fourth season of Webster's new contract, which will kick in next season, is a team option.
Webster is expected to miss two months while recovering from recent foot surgery.
Via ESPN
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Blazers center Greg Oden will miss two to four weeks of action after injuring his foot against the Lakers in his NBA debut on Tuesday night.
Portland said Wednesday that MRI and computerized axial tomography scans confirmed Oden has a mid-lateral foot sprain.
"I was trying to go get a rebound, and kind of came down on Derek Fisher's foot on like the third play of the game," Oden said. "I kind of fell and didn't think twice about it."
Oden, who missed all of last season after knee surgery, was the No. 1 overall pick in the 2007 NBA Draft.
Via ESPN
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Greg Oden has had an NBA debut to forget, spraining his foot during the first half and not returning to the game.
According to Cheryl Miller on TNT, X-Rays came back negative, but Oden will undergo an MRI on Wednesday.
Oden was scoreless on 0-for-4 shooting in 13 minutes, but he did have five rebounds.
Via RealGM
Portland Trail Blazers, Los Angeles Lakers
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Trail Blazers Oct 2008 Archive
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HoopsWorld | Oct 28, 2008
Blazers' Coach Nate McMillan confirmed on Monday that rookie Nicolas Batum will start at small forward in the team's season opener against the Lakers on Tuesday night.
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Boston Globe | Oct 26, 2008
The Celtics have been praising Darius Miles, whom they recently released, but two NBA general managers claim that the Blazers have been bad-mouthing the free agent forward.
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ESPN | Oct 25, 2008
The Trail Blazers exercised the fourth-year options on LaMarcus Aldridge, Sergio Rodriguez, and Brandon Roy while also exercising the third-year option on Greg Oden.
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Seattle Times | Oct 24, 2008
The Portland Trail Blazers waived forward Luke Jackson and center Steven Hill on Thursday, trimming their roster to 15 players.
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Oregonian | Oct 23, 2008
Blazers rookie Greg Oden says that he is getting more comfortable on the floor with the team.
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RealGM Staff Report | Oct 20, 2008
The Boston Celtics announced that the club has requested waivers on forward Darius Miles. The Blazers' cap space next summer would have decreased by $9M if Miles played 10 games in 08-09.
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Oregonian | Oct 18, 2008
The Trail Blazers trimmed their roster to 17 on Friday when they waived rookie guard Jamaal Tatum.
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HoopsWorld | Oct 17, 2008
Blazers' forward Channing Frye believes that the team needs to play hungrier this season in order to make a splash in the Western Conference.
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HoopsWorld | Oct 17, 2008
Blazers' center Joel Przybilla needed stitches after receiving an inadvertent elbow from teammate Greg Oden during a scrimmage on Thursday night.
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Columbian | Oct 15, 2008
Rookie Nicolas Batum surprised many when he was running plays with Portland's first team at practice on Tuesday.
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Salt Lake Tribune | Oct 13, 2008
Jazz Coach Jerry Sloan was very impressed with the play of Kyrylo Fesenko on Sunday night when the team battled the Blazers.
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NBA.com | Oct 11, 2008
Blazers' guard Rudy Fernandez and center Joel Przybilla did not travel with the team to Kansas City for their game against the Hawks on Friday night.
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Oregonian | Oct 10, 2008
Blazers' guard Martell Webster opted to have surgery on his fractured left foot and will miss eight-to-ten weeks of action.
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Globe & Mail | Oct 9, 2008
Portland guard Martell Webster fractured a bone in his left foot Tuesday night.
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ESPN | Oct 8, 2008
Greg Oden had 13 points in just under 20 minutes of action, including a dunk within the first two minutes of the game, as he finally made his debut for the Blazers in a 110-81 win over Sacramento.
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HoopsWorld | Oct 6, 2008
Portland forward Ike Diogu, who has already been traded twice in his career, claims that he uses criticism as motivation.
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HoopsWorld | Oct 3, 2008
LaMarcus Aldridge is trying to extend his range beyond the three-point line in an effort to expand his game.
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South Florida Sun-Sentinel | Oct 3, 2008
Shaun Livingston is on the verge of signing a contract with the Miami Heat.
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EPSN | Oct 1, 2008
Greg Oden rolled his right ankle during the first day of training camp.