Milwaukee Bucks land Damian Lillard in 3-team trade; Holiday out
SALT LAKE CITY, UTAH - MARCH 22: Damian Lillard #0 of the Portland Trail Blazers brings the ball up court during the second half against the Utah Jazz at Vivint Arena on March 22, 2023 in Salt Lake City, Utah. NOTE TO USER: User expressly acknowledge
MILWAUKEE - Damian Lillard is being traded by Portland to play alongside Giannis Antetokounmpo in Milwaukee, a person with knowledge of the agreement said Wednesday, a deal that ends his 11-year run with the Trail Blazers and a three-month saga surrounding his wish to be moved elsewhere in hopes of winning an NBA title.
The seven-time All-Star — a player so elite that he was selected to the NBA's 75th anniversary team — goes from the Trail Blazers to the Bucks in a three-team deal that sends Jrue Holiday from the Bucks to Portland, Deandre Ayton from Phoenix to Portland and Jusuf Nurkic from the Blazers to the Suns, according to the person who spoke to The Associated Press on condition of anonymity because none of the involved teams had announced the agreement.
As with all trades, it cannot be finalized until NBA attorneys review the terms and approve the deal.
It became known on July 1 that Lillard asked the Trail Blazers for a trade, which he was long speculated to be considering given his desire to play for a contender and Portland not seeming to have much of a chance with its current roster.
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He wanted to go to Miami and made that clear. Portland decided not to accommodate that request, and instead, it's the Bucks who now have an incredibly strong 1-2 punch of Lillard and Antetokounmpo heading into the new season.
The trade continues the Bucks’ dramatic offseason makeover in response to their surprising first-round playoff loss to Miami.
They followed up that playoff loss by firing coach Mike Budenholzer and replacing him with Adrian Griffin, who spent the last five seasons as a Toronto Raptors assistant. Now they trade away the two-time All-Star Holiday to acquire Lillard, a seven-time All-NBA selection.
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The acquisition of Lillard comes after Antetokounmpo, a two-time MVP, told The New York Times over the summer that he wanted to see how committed the Bucks are toward winning another championship before deciding whether to sign a long-term deal to stay in Milwaukee.
Antetokounmpo’s contract runs through the 2024-25 season, with a player option for 2025-26.
Bringing Lillard to Milwaukee certainly suggests the commitment is there. It also keeps the high-scoring guard away from Miami, one of the Bucks’ biggest Eastern Conference challengers.
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When Lillard’s request was made public by the Blazers, general manager Joe Cronin said he would do "what’s best for the team" while grudgingly seeking to facilitate his wishes.
In the end, the deal with Bucks is what Cronin and the Blazers deemed best for all involved. It took a massive package to make the trade happen, especially because Lillard is owed a ransom over the next four years. He will make almost $46 million this coming season and could make as much as $216 million over the next four years if he exercises his option for the 2026-27 season.
It will be a large, and possibly very worthwhile, investment because acquiring Lillard figures to make the Bucks even more of a title contender. He averaged 32.2 points per game this past season, has averaged at least 24 points per game in each of the last eight seasons and has an offensive ignitability that few players in the NBA possess.
He became just the seventh player in NBA history to score more than 70 points in a game when he finished with 71 against the Houston Rockets on Feb. 26. The other names on that list are Wilt Chamberlain (who did it five times), Kobe Bryant, David Thompson, David Robinson, Elgin Baylor and Donovan Mitchell.
All six of the other players on that list were between 23 and 28 when they had their games of 71 points or more; Lillard was 32, a clear indicator that — even after 11 NBA seasons — he’s far from past his prime.
He has been great. The Blazers have not. And evidently, he didn’t see that changing anytime soon.
Lillard was beloved in Portland, but the speculation about his future with the team only intensified when the Blazers took point guard Scoot Henderson with the No. 3 overall pick in the June draft rather than package the pick for a proven commodity that could immediately help transform the team into a contender.
Portland won only four playoff series in Lillard’s 11 seasons, getting to the Western Conference Finals once. The team went 33-49 this past season, the second consecutive year of finishing well outside the playoff picture.
That’s not Lillard’s fault. His career average of 25.2 points per game ranks 11th among all players in NBA history who have appeared in at least 500 games. He’s had 17 games of at least 50 points in his career — two of them in the playoffs — and is a past rookie of the year, teammate of the year and winner of the NBA’s citizenship award.
He’s been an Olympic gold medalist, was the unanimous selection as MVP of the seeding games when the "bubble" season resumed at Walt Disney World during the peak of the COVID-19 pandemic in 2020 and even won the 3-point contest at All-Star weekend in February.
And he has an absolute flair for drama. His series-winning shot to eliminate Oklahoma City from the 2019 NBA playoffs — a stepback 3-pointer over Paul George from nearly 40 feet as time expired — is one of the iconic postseason moments in not just Portland history but NBA history as well.