Clyde Drexler says he is close to signing an agreement with the Portland Trail Blazers that reportedly would pay him the highest single-season salary in team sports.

Sources say the Portland Trail Blazers have offered to pay Drexler about $8 million for a sixth year of his contract. Drexler has five years remaining on a contract that will pay him $1.2 million for the year.Because the Trail Blazers are at the NBA salary cap, the team cannot increase his salary now.