Blazers agree to deal with Roy

Portland Trail Blazers guard Brandon Roy(notes) has agreed to a five-year contract extension worth between $78 million and $82 million, a league source told Yahoo! Sports.

The Blazers are planning a news conference with Roy on Thursday to announce the deal.

After several weeks of sometimes contentious negotiations, The Oregonian reported on Wednesday that the two sides were closing on an agreement.

Adrian Wojnarowski is the NBA columnist for Yahoo! Sports. Follow him on Twitter. Send Adrian a question or comment for potential use in a future column or webcast.
Updated Wednesday, Aug 5, 2009