The Portland Trail Blazers and star point guard Damian Lillard are closing in on a supermax contract extension, according to Shams Charania of Stadium.
The deal would be for four years and $196 million, as Charania noted.
Lillard, who turns 29 on July 18, has spent his entire career with the Blazers after they drafted him with the No. 6 overall pick in 2012. He helped lift the Blazers to the Western Conference Finals, where they lost to the Golden State Warriors.
He averaged 25.8 points and a career-high 6.9 assists in 80 games during the regular season. He increased his scoring average to 26.9 points during the Blazers' playoff run.
Blazers general manager Neil Olshey is reportedly looking to bring in an additional scoring threat to complement Lillard and backcourt-mate C.J. McCollum, according to multiple reports.
Lillard and Olshey are meeting Oakland to finalize the contract extension, which will include a player option, Chris Haynes of Yahoo Sports reported.