(Portland, OR)  --  Trail Blazers' guard/forward Rodney Hood has re-signed with the team on a two-year deal.  Hood's deal is worth $5.7 million for the first season - which would use all of Portland's taxpayer mid-level exception - with a player option worth $6 million for the second year.  The guard, acquired by the Blazers at the trade deadline from the Cleveland Cavaliers, averaged 9.6 points, 1.7 rebounds and 1.3 assists in 27 games with Portland.