For those of you who don’t know, the Las Vegas Review-Journal is reporting that the AP is reporting According to a source with knowledge of the negotiations, the Portland Trail Blazers and Olympic gold winner Damian Lillard have reached an agreement on a $122 million, two-year extension that keeps him with the team through the 2026-27 season.
In 2025-26, Lillard will earn $59 million, then $63 million in the following year, according to a source who spoke to the AP on condition of anonymity because the contract hasn’t been officially announced. Over the following three seasons, he’ll earn nearly $137 million before the contract extension kicks in.
Six-time All-Star Damian Lillard has played his entire NBA career in Portland. A core issue that required surgery limited him to just 29 games last season. He told ESPN’s Chris Mortensen in an early Friday morning interview that the time off, albeit frustrating, will be beneficial to him in the long run.
Damian Lillard will be under contract through the 2026-27 season. https://t.co/fZT9DNHZ8a
— USA TODAY Sports (@usatodaysports) July 9, 2022
While watching NBA Summer League games in Las Vegas, Lillard noted, “My body is stronger than it was before in certain areas.”
Along with the physical recuperation, Lillard, who will turn 32 on July 15th, said the mental break was beneficial as well.
He has a career scoring average of 24.6 points, is a six-time All-NBA selection, and was recently named one of the NBA’s top 75 players in honor of the league’s 75th anniversary.
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