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What potential Thybulle, Reddish extensions could cost Trail Blazers

Andrew Hanlon
Andrew Hanlon

Rip City Project

Cam Reddish, Portland Trail Blazers (Photo by Amanda Loman/Getty Images)

With the possibility of a blockbuster or two spinning in the rumor mill, it may have been a let down for most Portland Trail Blazers fans when the team came away with two role players and the chance at a late first-round pick at this year’s trade deadline.

General manager Joe Cronin sent Josh Hart to the New York Knicks in return for Cam Reddish and a 2023 first that will likely land in the 20s this July. Cronin also brought Matisse Thybulle to Portland from Philadelphia.

That trio of assets got a collective “meh” from from fans and most NBA experts; but Reddish and Thybulle have played better than expected.

Reddish was more potential than production when he arrived from New York where he was buried at the end of the bench by Knicks head coach Tom Thibodeau. At only 23 years old, though, the No. 10 overall pick in 2019 is showing signs of that production as the ideal three-and-D archetype.

Thybulle, meanwhile, has found more success in a larger role than he had as a member of the 76ers. He had already been named to two NBA Second-Team All-Defense squads in his first three years in the league before he arrived in Portland. It was his lack of any offensive skill at all that kept him from meaningful minutes.

However, the 6-foot-5 guard has shown glimpses of knockdown 3-point potential which, like Reddish, would make him the perfect three-and-D wing.

Both players are restricted free agents after the season, meaning the Blazers can make each a qualifying offer – essentially place-holders for a real contract – and then match any contract offered from another team, or choose to simply sign them to extensions so they remain in Portland.

Based on the way they’ve played, the final option seems the likeliest. If that’s the route Cronin decides to go, at what price point and number of years could the Blazers re-sign their two trade deadline acquisitions?

Case No. 1: Cam Reddish

Since arriving in Portland, Reddish has taken on a key role – especially with injuries keeping Anfernee Simons, Damian Lillard, Jerami Grant, and Jusuf Nurkic out sporadically.

In 13 games, the 6-7 wing is averaging 13.6 points on 47 percent shooting to go along with 1.3 steals a night. Reddish is finally finding some consistency from 3-point range as well, connecting on 36.1 percent of his 5.5 attempts per game – well above his 32.7 percent career average.

In the few moments Portland has been fully healthy, Cam has been the Blazers’ sixth man. Even if he doesn’t reach his lofty potential, a fifth starter or heavy-minute rotation player with the skills Reddish possesses is a snug fit alongside Lillard.

Considering his underwhelming career to his point, though, the league’s 29 other teams aren’t likely to be throwing buckets of cash at Reddish this summer.

Spotrac has a tool that estimates a player’s individual value. Based on position, games played, annual salary, and performance, the site has developed what it calls “production points” that can be sorted on a per-game basis or total valuation.

Since salary is involved, some of the numbers can be skewed. For example, Tyrese Haliburton is on a rookie contract with the Indiana Pacers but has already become one of the best guards in the league. Stephen Curry, meanwhile, can produce at a high level but presents a lower value because his contract is exponentially larger than Haliburton’s.

Still, it’s a useful tool to estimate what a player’s worth might be on the open market. Reddish ranks 58th among all NBA forwards in total value, but ranks much lower on the production points list. In terms of players who are past their rookie deals or aren’t on minimum salary contracts, he’s in the company of Milwaukee’s Joe Ingles, Houston’s Jae’Sean Tate, and Phoenix’s Torrey Craig.

Ingles has produced at a high level during his career and signed a one-year, $6.5 million deal with Milwaukee as a 34-year-old with already limited athleticism who was coming off an ACL injury. Tate is 27 and on the first year of a three-year, $20 million extension, while Craig is 32 and on the second year of a two-year, $10 million contract.

Reddish will likely land in the Tate and Ingles range. He’s younger and has more potential than either of those players, but has proven less during his career – far less when compared to Ingles.

Bringing Reddish back to Portland on a three-year deal worth around $20-25 million, maybe with a club option or partially guaranteed third year, is a possibility.

Matisse Thybulle (left), Jabari Walker, Portland Trail Blazers (Photo by Amanda Loman/Getty Images)
Matisse Thybulle (left), Jabari Walker, Portland Trail Blazers (Photo by Amanda Loman/Getty Images)

Case No. 2: Matisse Thybulle

Thybulle’s extension is a bit more complicated. While Reddish is a young, relatively unproven player with potential, the former Sixer is three years older and has a lopsided game. He’s an all-NBA defender but a minus on offense, despite his uptick in shooting percentages during his short time in Portland.

Thybulle ranks 116th in Spotrac’s valuation and drops even further when adjusted for production points per game. His defensive ability simply can’t carry his lack of offense.

At the same time, the names surrounding him on that list – Patty Mills and Kendrick Nunn, for instance – haven’t made multiple all-defensive teams. So how will Portland – and the rest of the league, for that matter – reconcile the discrepancy?

The Boston Celtics signed Robert Williams III, their own all-defensive player, to a four-year, $48 million extension that began this season. The contract has incentives for Williams, should he make more all-defense teams.

Both players are among the best at their position in the entire NBA on one end of the floor. They both also have significant flaws. While the Celtics’ big man is a more well-rounded player, he’s severely struggled with injuries. Thybulle’s flaw, however, might be even greater; even when he is on the floor, he bogs down his own team’s offensive rhythm.

Maybe a shorter, more incentive-laden deal for Thybulle is in the cards. Similar to Reddish’s, the length could come in at three years with a team option for the third, or at least a partial guarantee. Somewhere in the average of $7-8 million annually would put Thybulle in the range of Seth Curry, for example – another player who’s stellar at one thing but below average at most other things.

Unlike Reddish, though, Thybulle has proven his worth as a defensive player, which could bump his salary an extra few million.

Damian Lillard (left), Joe Cronin, Portland Trail Blazers (Photo by Soobum Im/Getty Images)
Damian Lillard (left), Joe Cronin, Portland Trail Blazers (Photo by Soobum Im/Getty Images)

The short answer? Yes.

The more nuanced answer? Maybe. It depends on what other teams come calling and what they might offer.

Should the Blazers think about going a bit beyond the above figures? Money-wise, perhaps. But in terms of length? Probably not.

The number of years in these deals – and, preferably, some team options – are important. Reddish and Thybulle haven’t proven that they’re consistent, winning players who can fit alongside Lillard. Since they arrived in Portland, so far, so good. But it’s an incredibly small sample size.

Both players have shown enough flashes that the Blazers should try to re-sign them, assuming it’s on reasonable deals. It’s critical Cronin doesn’t get out over his skis, though, and throw out too much money or too many years. That could compromise the franchise’s ability to help Dame win a title now, as well as when he’s past his prime.

Andrew Hanlon

Andrew Hanlon

Andrew is a Site Co-Expert for Pippen Ain't Easy. He earned a degree in Journalism from the University of Wisconsin-Oshkosh and began covering high school sports in 2014. He's covered the NBA since 2021, and his work has been featured on FanSided, SB Nation, Yahoo! Sports, Sportscasting, and GiveMeSport. He’s been in his PAE role since 2024 and previously held the Site Expert position for Rip City Project (Portland Trail Blazers). When he's not writing about, talking about, or watching sports, he can be found playing and coaching them with his five kids.