The Blazers spent this season with an interim GM at the helm but are working on narrowing down candidates and according to Yahoo! Sports, two frontrunners have emerged.
According to the report, interim Chad Buchanan is still a candidate for the job as well.
After a strong interview with Portland Trail Blazers officials on Wednesday, Indiana Pacers executive David Morway will meet with team owner Paul Allen on Friday to further discuss the franchise's general manager's job, league sources told Yahoo! Sports.
Morway, the Pacers GM, and ex-New Orleans Hornets GM Jeff Bower have emerged as frontrunners for the long-vacated Blazers job.
So far, they're the only two candidates to have been brought to the owner.
Both Bower and Morway have a good history of constructing competitive rosters on a budget, something Blazer owner Paul Allen has said he would like to do.
Morway has done an excellent job of building a quality Pacer roster with strong pieces such as Danny Granger, Roy Hibbert and Darren Collison. He spent smartly in the offseason on free agent David West which proved to be a key signing.
Bower was at the helm of the Hornets when the team made a run to the Western Conference Semifinals, losing to San Antonio in seven games. The Hornets then cut spending dramatically, eventually leading to Bower being fired in 2010. He was reportedly a finalist for the Raptors position last season but that was given to Ed Stefanski.
This will be the third Blazer GM in three years as Kevin Pritchard was fired in 2010, then Rich Cho after just one season in 2011. Buchanan filled the role this season.
The Blazers are in the middle of a rebuild having been ravaged by injuries. Portland has two lottery picks -- their own, and the Brooklyn Nets' pick, which is top three protected. The team has a star to build around in LaMarcus Aldridge, but need a new head coach and have to make a decision on restricted free agent Nicolas Batum. A new GM will have the picks, roughly $20 million in cap space and some talent already on the roster, so the Blazers aren't far off from putting back together a competitive team.