The Trail Blazers picked up the fourth-year option on the contract of Rudy Fernandez on Friday.

Fernandez is now under contract for the 2011-12 season for $2.2M, a deal that won't likely prohibit a future trade.

Agent Andy Miller met with Portland general manager Rich Cho and assistant GM Steve Rosenberry recently, but Ken Berger of CBS Sports reports that there is little movement on the trade front.