Damian Lillard is returning to his former home after becoming an unexpected free agent last week. The point guard has agreed to a three-year deal with the Portland Trail Blazers worth $42 million according to Shams Charania of ESPN.com.

All this comes after the Phoenix Suns traded superstar Kevin Durant to the Houston Rockets for Jalen Green, Dillon Brooks and the 10th pick (Khaman Maluach) in the 2025 NBA Draft. The Boston Celtics also began a refresh by trading Jrue Holiday to the Portland Trailblazers and Kristaps Porziņģis to the Atlanta Hawks.

The Bucks acquired Lillard from the Trail Blazers in a three-team blockbuster deal with the Suns in 2023, shipping out Jrue Holiday, Grayson Allen, a 2029 first-rounder and first-round pick swaps in 2028 and 2030.

Damian Lillard never expected to be a free agent this summer. The Milwaukee Bucks had other plans, pulling off a bold scheme to waive-and-stretch Lillard to open up the cap space to sign Myles Turner away from the Indiana Pacers.

The biggest shocker of 2025 NBA free agency so far happened Tuesday morning as the Milwaukee Bucks made a pair of major moves. Myles Turner is leaving the Indiana Pacers to join the Bucks. And the Bucks are waiving nine-time All-Star Damian Lillard to make it happen.

The Bucks acquired Lillard from the Trail Blazers in a blockbuster, three-team trade with the Suns in September 2023, dealing Jrue Holiday, Grayson Allen, a 2029 first-rounder and first-round pick swaps in 2028 and 2030 to Portland.

Jayson Tatum is recruiting on behalf of the Boston Celtics so the team secure an All-Star free agent. Star guard Damian Lillard is a free agent after getting w

The Milwaukee Bucks stunned the NBA this summer by waiving Damian Lillard and stretching the remaining $113 million on his contract over the next five years. Now, he could join another playoff-caliber team in the Eastern Conference.