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Damian Lillard Agrees to $42M Deal, Returns to Trail Blazers

BREAKING: Nine-time NBA All-Star Damian Lillard has officially agreed to a three-year, $42 million contract to return to the Portland Trail Blazers, sources confirm to ESPN. This urgent development comes as Lillard and the franchise solidify their commitment to a united future.

Lillard’s new deal is set to include a player option for the 2027-28 season and a no-trade clause, emphasizing his pivotal role in Portland’s plans. The announcement follows recent meetings with Blazers general manager Joe Cronin and head coach Chauncey Billups, highlighting a mutual desire to move forward together.

Earlier this month, the Milwaukee Bucks waived Lillard, 35, stretching the remaining $113 million on his contract to make room for free agent center Myles Turner. Despite various offers from NBA contenders, Lillard prioritized a return to Portland, where his family resides.

For the 2025-26 season, Lillard’s combined salary from both the Blazers and Bucks will total $70 million, with an overall earnings projection of $141 million over the next two years. As Lillard rehabs from an Achilles tear suffered during the first round of the playoffs against the Indiana Pacers, his commitment to the Blazers underscores his deep connection to the city and the franchise.

Lillard’s storied history with the Blazers includes leading the team to the playoffs eight times and making seven All-Star appearances. He ranks first in franchise history with 19,376 points and 2,387 three-pointers, as well as second in assists with 5,151.

In 2023, Portland traded Lillard to the Bucks in exchange for Jrue Holiday and additional assets. After reacquiring Holiday in a trade with the Boston Celtics, the Blazers now boast a formidable roster that includes Robert Williams III, Malcolm Brogdon, and Deni Avdija, alongside their returning star.

Expect further updates as Blazers officials and Lillard’s agent, Aaron Goodwin of Goodwin Sports Management, finalize the terms this week. This exciting development marks a new chapter for Lillard and the Blazers as they aim for success in the upcoming NBA seasons.

Stay tuned for live updates as this story unfolds!

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