Now, there appears to finally be a light at the end of the tunnel. The Athletic’s Sam Stejskal is reporting that sides are close to a deal:
Sources: The Timbers and Diego Valeri are nearing a new deal to keep the club legend in Portland. Not clear if Fernandez’s exit changed calculus on DP/TAM. I’ve reported and Timbers publicly hinted a couple times since end of season that they didn’t plan to sign him as DP.