UPDATE: The team has officially announced that they have matched the Nets' offer sheet to Allen Crabbe, though a "formal announcement" and Crabbe actually signing the contract will not occur until later in the week.
ORIGINAL POST
After finishing up their pursuit of new free agents, the Trail Blazers have wasted little time in turning their attention to the free agents on their own roster. After reportedly signing restricted free agent power forward Meyers Leonard to a four-year deal, the Trail Blazers, according to Adrian Wojnarowski of The Vertical, have matched the four-year, $75 million offer sheet the Brooklyn Nets tendered to third-year guard/forward Allen Crabbe, ensuring that the former Cal Bear will be back in Portland next season...
As is often the case when it comes to restricted free agents, the Nets offer to Crabbe, who has averaged 7.0 points, 2.0 rebounds and 1.0 assists per game through three season, was considerably larger than many assumed the 6-6 wing would receive in an effort to discourage the Trail Blazers from matching. And after the Trail Blazers signed free agent guard/forward Evan Turner to a four-year deal, some assumed that combined with the size of the Nets offer might result in Trail Blazers letting Crabbe walk.
But that would not be the case. Crabbe has been a favorite of the front office and coaching staff since the team acquired former Pac-12 Player of the Year via trade with the Cleveland Cavaliers during the 2012 Draft. And though he played sparingly in his first two seasons, he saw his minutes increase dramatically in 2015-16, as he appeared in 81 games and responded with averages of 10.8 points on 44 percent shooting and 39 percent shooting from three, 2.7 rebounds and 1.2 assists while serving as one of the team's best perimeter defenders.
There were rumors that outside of the money and years, Crabbe, who has typically come off the bench for the Trail Blazers, was intrigued by the opportunity to start and play a larger role with the Nets. But for his part, Crabbe seemed more than satisfied that he would be returning to Portland...
With Crabbe now signed, forward Maurice Harkless is the last Blazer still available on the free agent market. Like Crabbe, Harkless is a restricted free agent, which gives the Trail Blazers the right to match any offer he receives from another team. It is also possible for the Trail Blazers to sign Harkless even if he doesn't receive an offer sheet from another team, as they have reportedly did Sunday with restricted free agent power forward Meyers Leonard.