Trail Blazers Sign GM Neil Olshey to Contract Extension

The Portland Trail Blazers have signed general manager Neil Olshey to a multiyear contract extension, the team said Thursday. He also has been named president of basketball operations.

Olshey has served as the team’s top basketball executive since the Blazers poached him from the Los Angeles Clippers in June 2012. During his first two seasons in Portland, the Blazers improved from 33-49 to 54-28. They are second in the Western Conference at 28-8.

“Our team has made great strides under Neil’s leadership, and I am excited to extend his contract,” Blazers owner Paul Allen said. “Neil has done an outstanding job as general manager by quickly rebuilding our team into a playoff contender. The franchise is clearly on the upswing, and I hope to see further improvements in the years to come.”

via Kevin Arnovitz of ESPN