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Damian Lillard Agrees to $42M Deal to Return to Portland Trail Blazers

MULTNOMAH COUNTY, OREGON, JUL 18 – Damian Lillard signed a three-year, $42 million contract with Portland while rehabbing a torn Achilles, expected to miss the 2025-26 season but retaining a player option and no-trade clause.

  • Earlier this month the Milwaukee Bucks waived Damian Lillard, stretching his remaining $113 million over five years to create cap space for signing Myles Turner.
  • After being waived on July 1 by the Milwaukee Bucks, Lillard is recovering from a torn left Achilles tendon and expected to miss most of the 2025-26 season.
  • According to Shams Charania, Damian Lillard is finalizing a three-year, $42 million contract to return to the Portland Trail Blazers, including a player option in 2027-28 and a no-trade clause.
  • Free agency buzz peaked when the move turned Lillard into the most high-profile free agent, and the Orlando Magic are a serious candidate to land him, Jonathan Adams of BetUS said.
  • His rehabilitation process will determine his return to the court, affecting the Trail Blazers' strategy, and Portland GM Joe Cronin met at Lillard's house earlier this month to focus on his retirement opportunity.
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Sportskeeda broke the news in on Wednesday, July 16, 2025.
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