Chris Kaman

Chris Kaman (35) puts up a layup around New Orleans Pelicans forward Anthony Davis (23) in the second half of an NBA basketball game Saturday, Dec. 20, 2014, in New Orleans, La.

The Trail Blazers on Tuesday will "likely" exercise their option on center Chris Kaman, according to a source familiar with the situation.

The Blazers will wait until the 2 p.m. deadline to make the final decision in order to maintain flexibility for a possible trade.

By exercising the option, the Blazers will pay Kaman $5 million next season. If they didn't pick up the option, they would have parted ways and paid him $1 million.

Kaman, 33, averaged 8.6 points and 6.5 rebounds in 74 games for Portland last season.

-- Jason Quick | jquick@oregonian.com| @jwquick