As part of a three-way trade with Sacramento and Chicago, the Portland Trail Blazers have acquired forward Michael Ruffin from Chicago in exchange for forward Ike Diogu, who is sent to Sacramento, General Manager Kevin Pritchard announced today.

The Trail Blazers also gain a $3 million trade exception, which they can use for one calendar year.

“We want to thank Ike for his time with the Trail Blazers, and hopefully this trade will give him an opportunity to play more minutes in Sacramento,” said Pritchard. “This move will give us trade flexibility going forward with the $3 million trade exception we gained in the deal.”

An eight-year veteran, Ruffin, 32, averaged 1.8 points and 4.0 rebounds in 403 career games with Chicago, Philadelphia, Utah, Washington and Milwaukee. He has not appeared in a game for Chicago this season.

Diogu, 25, played in 19 games for Portland this season, averaging 1.4 points and 0.9 rebounds in 3.8 minutes per game. He was acquired by the Trail Blazers from the Indiana Pacers along with the draft rights to Jerryd Bayless on July 9, 2008. Diogu has posted averages of 5.9 points and 3.0 rebounds in 177 games during his four-year NBA career.