LAS VEGAS — Damian Lillard and the Portland Trail Blazers have agreed on a $122 million, two-year extension that puts the Olympic gold medalist under contract through the 2026-27 season, a person with knowledge of the negotiations said Friday.
Lillard will make about $59 million in 2025-26, then about $63 million the next year, said the person who spoke to The Associated Press on condition of anonymity on Friday because the extension has not been announced.
He’ll make about $137 million over the next three seasons, before the extension begins.
Lillard is a six-time All-Star who has spent all 10 of his NBA seasons in Portland. He was limited to 29 games this past season because of a core injury that required surgery, and told ESPN in a televised interview early Friday that the time off — while frustrating — should help him long-term.
“My body is stronger than it was before in certain areas,” Lillard said while watching games at the NBA Summer League in Las Vegas.
