Trail Blazers, Damian Lillard Agree To Three-Year Deal

Star point guard Damian Lillard is finalizing a three-year, $42MM contract to return to the Trail Blazers, according to Shams Charania of ESPN, who reports that the deal is expected to feature a player option for the 2027/28 season and a no-trade clause.

Zach Lowe of The Ringer first stated (Twitter link) that the Blazers and Lillard had mutual interest in a reunion, with Bill Oram of The Oregonian reporting shortly thereafter that the two sides were in “deep discussions” about a contract and that Lillard was “strongly considering” a return to Portland.

Lillard is expected to miss the entire 2025/26 campaign after suffering a torn Achilles tendon in late April during Milwaukee’s first-round playoff series vs. Indiana. The Bucks waived the 35-year-old guard earlier this month and used the stretch provision on his previous contract in order to create the cap space necessary to sign Myles Turner.

It’s a stunning turn of events considering the contentious way in which Portland’s all-time leading scorer exited the franchise after he requested a trade two years ago.

According to Charania, Lillard met with general manager Joe Cronin and head coach Chauncey Billups multiple times in recent weeks to “bond” and hash out a new deal. Lillard’s family and children live in Portland and he considered it to be of the utmost importance to reunite with the organization and city, says Charania.

Lillard drew interest from several teams on the open market and had multiple offers for both the mid-level exception and the veteran’s minimum, sources tell Charania. The Timberwolves were among the teams that checked in on Lillard, tweets Jon Krawczynski of The Athletic, though it’s unclear how serious those talks were.

NBA insider Chris Haynes hears (Twitter link) that Cronin and Lillard “made amends” at the nine-time All-Star’s house “weeks ago.” The goal is for Lillard to retire as a Trail Blazer, Haynes adds.

As Marc Stein of The Stein Line observes (via Twitter), despite not playing for the Trail Blazers for the past two seasons, Lillard is eligible for a full no-trade clause because he has at least eight years of NBA service time and spent at least four years with Portland. He spent his first 11 NBA seasons as a Blazer after being selected No. 6 overall back in 2012.

Lillard remained highly productive last season when healthy, averaging 24.9 points, 7.1 assists, 4.9 rebounds and 1.2 steals in 58 regular season contests (36.1 minutes per game). Unfortunately, he was diagnosed with a blood clot in his right calf in March, and suffered the major Achilles injury in his third game back after a remarkably fast recovery from the deep vein thrombosis.

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