Overview

• The Bucks waived Damian Lillard using the NBA’s stretch-and-release rule, spreading his remaining $113 million contract over five seasons to create cap space.
• Milwaukee immediately signed free agent center Myles Turner to a four-year, $107 million contract with a 2028–29 player option and a 15 percent trade kicker.
• Lillard, recovering from an April Achilles tear, is now an unrestricted free agent owed $112.6 million and is expected to miss most of the 2025–26 season.
• Multiple contenders are evaluating Lillard on short-term, low-risk deals based on a potential February 2026 return to play.
• Giannis Antetokounmpo’s reported displeasure with the decision underscores uncertainty about the Bucks’ future direction.