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What does McCollum's max mean for the future of the Blazers?

Kevin Pelton breaks down a busy offseason for the Blazers. Sam Forencich/NBAE/Getty Images

On Monday, Portland Trail Blazers guard C.J. McCollum became the first player from the 2013 draft class to sign an extension to his rookie contract, a standard four-year, maximum deal that nonetheless has a host of interesting implications for the Blazers' future.

Extending McCollum is the last major salvo in a busy offseason that saw Portland hand out contracts worth more than $300 million combined. A year after the Blazers reached the second round of the playoffs with one of the NBA's lowest payrolls, they now figure to have one of the league's highest in years to come.

What does that mean for the future of the team and the rest of the roster?