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Portland will use waive-and-stretch provision on Didi Louzada – Report

WOLLONGONG, AUSTRALIA – JANUARY 24: Didi Louzada of the Kings shoots for the basket during the round 17 NBL match between the Illawarra Hawks and the Sydney Kings at WIN Entertainment Centre on January 24, 2020 in Wollongong, Australia. (Photo by Mark Evans/Getty Images)

It was reported earlier that the Blazers waived Did Louzada. More details have come out since. According to Michael Scotto of HoopsHype, Portland used the waive-and-stretch provision on the 23-year-old small forward.

ESPN Front Office Insider Bobby Marks explained the financial aspect of the transaction. He pointed out that the move would put Portland under the tax (currently $1.54M over).

The Brazilian was sent to Portland before the trade deadline this past season in the CJ McCollum trade. He played 7 games for the Blazers, averaging 5 points, 1.7 rebounds and 0.6 assists in 17.4 minutes per game.

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