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Blazers GM Olshey receives extension

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The Portland Trail Blazers gave general manager Neil Olshey a multiyear contract extension on Thursday and added president of basketball operations to his title.

Olshey became Portland’s general manager before the 2012-13 season and is credited for draft picks and player acquisitions that resulted in the Trail Blazers reaching the playoffs last season for the first time in three years and reaching the second round of the postseason for the first time since 2000.

“Our team has made great strides under Neil’s leadership, and I am excited to extend his contract,” Trail 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.”

The Trail Blazers have a 27-8 record this season, which is second best in the Western Conference and tied with the Atlanta Hawks for second best in the NBA.

“This extension is a validation of the efforts of the entire Trail Blazers front office and an endorsement of the level of commitment expected of us by our owner Paul Allen,” Olshey said. “The level of passion for this franchise by our owner, season ticket-holders and fans drives us to build a team that this community can be proud of.”