Report: Blazers re-sign Moe Harkless for four years, $40 million

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The biggest restricted free agent left on the market is now off the board. Moe Harkless, who had a solid season in his first year in Portland, has agreed to a deal to return to the Blazers for four years, and $40 million, according to a report from¬†The Vertical‘s Shams Charania:

It’s been an expensive offseason for the Blazers, who signed Evan Turner to a four-year, $70 million deal and Festus Ezeli for two years and $16 million, as well as re-signing two more of their own free agents, Allen Crabbe (matching a four-year, $75 million offer sheet from Brooklyn) and Meyers Leonard (four years, $41 million). On Monday, they agreed to a four-year, $106 million max extension with C.J. McCollum that begins in the 2017-18 season.

They’re going to be in the luxury tax now, but after last year’s unexpected playoff run, Blazers GM Neil Olshey has decided to go all-in on this group and see if that success can be replicated. The fit of Turner is still a bit of a question mark, but the Blazers have kept their core together and should still be a playoff team in the Western Conference. If Paul Allen is willing to pay the luxury tax, and there’s nothing to indicate that he’s not, it’s worth it.