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Moe Harkless re-signs with Portland Trail Blazers, 'excited to be back'

On the same day the Portland Trail Blazers officially announced the contract extension for guard CJ McCollum, the club also formally announced it has re-signed restricted fee agent forward Maurice Harkless.

"Moe is an impact player with a bright future and a high upside," Blazers President of Basketball Operations Neil Olshey said in a release. "We look forward to his continued growth and are pleased he chose to make a long term commitment to the Trail Blazers."

The Blazers welcome back Harkless, 23, on a four-year deal worth upwards of $42 million, The Oregonian/OregonLive's Mike Richman confirmed on Tuesday.