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5h ago

Bucks Waive Damian Lillard to Clear Cap Space, Sign Myles Turner

Giannis Antetokounmpo’s reported unhappiness over the decision adds uncertainty to his contract outlook beyond 2026–27.

Damian Lillard #0 of the Milwaukee Bucks reacts after causing a Indiana Pacers turnover in the second half of game three of the first round of the 2025 NBA playoffs at Fiserv Forum on April 25, 2025 in Milwaukee, Wisconsin.
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Damian Lillard courtside at a WNBA game.

Overview

  • The Bucks applied the NBA’s stretch-and-release provision to waive Lillard and spread his remaining $113 million over five seasons.
  • The move freed up salary for a four-year, $107 million contract with a player option for 2028–29 to land Pacers center Myles Turner.
  • Lillard, recovering from May Achilles tendon surgery, becomes an unrestricted free agent expected to miss much of the 2025–26 season.
  • ESPN reports that Lillard was “ecstatic” about the waiver, viewing it as a chance to reset his career and pursue new financial opportunities.
  • Antetokounmpo is under contract through 2026–27 with a 2027–28 player option, and his displeasure highlights questions about his long-term commitment to Milwaukee.