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The Portland Trail Blazers exercised their option on Head Coach Nate McMillan, extending his contract through the 2010-11 season, it was announced today by General Manager Kevin Pritchard.

“I’m excited that the option year on my contract has been picked up,” said McMillan. “We have a great team, first-class organization and the fan support has been incredible. I would also like to credit the coaching staff for their hard work, and we’re all looking forward to working towards our goal of bringing a championship back to the city of Portland.”

Restricted free agent spent last three seasons with Utah

The Portland Trail Blazers signed restricted free agent forward Paul Millsap to an offer sheet, it was announced Friday by General Manager Kevin Pritchard. Per team policy, terms of the deal were not disclosed.

The Utah Jazz have seven days upon receipt of the offer sheet to match Portland’s offer.

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