The Portland Trail Blazers made a huge free agency pickup on Thursday, bringing in Damian Lillard on a three-year, $42 million contract. Lillard played for the Blazers for 11 years before his departure to the Milwaukee Bucks, and has found his way back to a young and exciting team who could make a playoff push with some expreience in the team.
Lillard will miss most of the 2025-26 season due to an achilles injury he suffered against the Indiana Pacers in the NBA Playoffs last season.
NBA commissioner Adam Silver spoke about the idea of relocating the Blazers in the future, stating it was the league's preference to keep the team in Portland.
“One of the factors there is the city of Portland likely needs a new arena, so that will be part of the challenge for any new ownership group coming in," Silver said. "But it would certainly be our preference that team remain in Portland.”
Additionally, Chauncey Billups has faith in the Blazers to perform next season and new center Yang Hansen is already drawing eyes as a future star.
Here’s more information on these stories and all the latest Trail Blazers news (click the headline for the full article):
NBA World Reacts to Damian Lillard Returning to Blazers to Finish Career
Damian Lillard Breaks Silence on Returning to Blazers to Finish Career
Damian Lillard Signing With Blazers in Blockbuster $42 Million Signing
Blazers Coach Reveals What Will Make 2025-26 Season a Success
Blazers' Yang Hansen Already Drawing Attention of Rival Coaches and Executives
NBA Commissioner Adam Silver Discusses Blazers Relocating From Portland
Blazers' Chauncey Billups 'So Happy' About Jrue Holiday Trade
Blazers Sending Clear Message With Jrue Holiday Trade Says NBA Insider
Trail Blazers Tweets of the Day:
BREAKING: Nine-time NBA All-Star Damian Lillard is finalizing a three-year, $42 million contract to return to the Portland Trail Blazers, sources tell ESPN. Deal is expected to include a player option in 2027-28 and a no-trade clause. A storybook reunion home for the 35-year-old. pic.twitter.com/mm1uUtMgO6
— Shams Charania (@ShamsCharania) July 17, 2025
Dame all-time ranks as a Blazer:
— StatMuse (@statmuse) July 17, 2025
1st in points
2nd in assists
6th in steals
1st in threes
4th in wins
Loyal. pic.twitter.com/8fqyEtOIgb
Blazers traded Dame to Milwaukee in a deal for Toumani Camara and Jrue Holiday whom the Blazers then traded to Boston for Robert Williams III, Malcolm Brogdon, and first-round pick and the right to swap two first-round pick with the Bucks (2028, 2030)
— Bleacher Report (@BleacherReport) July 17, 2025
Nearly 2 years later the… pic.twitter.com/PQQccZjZMQ
Breaking: Damian Lillard is finalizing a three-year, $42M contract to return to the Blazers, per @ShamsCharania
— Bleacher Report (@BleacherReport) July 17, 2025
A reunion ❤️ pic.twitter.com/UBMlAcCqzr
No notes pic.twitter.com/hkIMezHXRN
— Portland Trail Blazers (@trailblazers) July 18, 2025
For more news and notes on the Portland Trail Blazers, visit Portland Trail Blazers on SI.
More must-reads:
Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!