ESPN’s Adrian Wojnarowski tweeted the announcement Thursday afternoon.
The Raptors shooting guard has been having a career year in scoring, averaging 19.5 points, 3.0 rebounds, and 1.8 assists in 41 games this season—including 30 starts. He’s got more 30-point games this season (six) than his first five seasons combined (four).
The recent AND1 signee holds a player option for the 2021-22 season, which would pay him $11.6 million should he decide to exercise it. If not, he’ll become an unrestricted free agent after this year and could be looking at a massive payday in the open market.
Trent, 22, is averaging a career-high 15 points per game in his third NBA season, and is shooting nearly 40 percent from three-point range. In the NBA bubble last season, he was one of the Blazers’ best shooters from beyond the arc. Defensively, he was the teams’ x-factor on both sides of the floor. When the Blazers played Memphis with a playoff berth on the line, he had five steals and two swats in 35 minutes.
Trent is also a restricted free agent after this season, but won’t cost nearly as much as Powell.
Hood, 28, is averaging a career-low 4.7 points per game, but is only playing fewer than 20 minutes per contest. His contract is non-guaranteed next season.
Powell was one of the earliest success stories of the Raptors’ We The North era, being molded by the team’s developmental arm from a second-round draft pick into a reliable rotation player and capable spot starter. He was also arguably the most lit guy at Toronto’s championship parade.