After two seasons away, Lillard agreed to a three-year, $42 million contract with the Trail Blazers, a deal that includes a player option for the 2027–28 season and a full no-trade clause—one of the rarest guarantees in modern pro basketball.

The move signals a heartwarming homecoming for the nine-time All-Star, who spent his first 11 years establishing franchise records and playoff legacy in Portland before an unexpected stint with the Milwaukee Bucks.

From Bucks Detour to Portland Redemption

Lillard’s departure in 2023 was one of the league’s blockbuster deals, ending an era in Portland and sending the guard to Milwaukee in pursuit of a title beside Giannis Antetokounmpo. But the partnership was marred by tough luck: Lillard endured a bout with deep vein thrombosis and then suffered a devastating torn Achilles during the first round of the 2025 playoffs.

Waived by the Bucks earlier this July, he became one of the most intriguing free agents, with numerous contenders gauging his interest—but it was always Rip City that had his heart.

Lillard’s new contract, finalized after several meetings with Blazers GM Joe Cronin and coach Chauncey Billups, brings him back for what could be a fitting final chapter to his NBA story. As he rehabs his Achilles, the expectation is he will miss all or most of the upcoming season but will assume a vital leadership role in a young, rebuilding Portland locker room.

Why This Homecoming Matters

More than just a transaction, Lillard’s return resonates deeply throughout the Pacific Northwest. He holds nearly every major Blazers record—most notably, franchise scoring leader—and captained the team to eight playoff appearances, including a memorable 2019 run to the Western Conference Finals. The move also allows Lillard to recover and contribute on his own terms, all while reconnecting with the community that watched him become a superstar.

Contractually, the agreement sets Lillard up for long-term security, and with the no-trade clause, he has full control over where he finishes his illustrious career. For Portland, his presence alone elevates a rebuilding project and provides invaluable mentorship for their young core.

If the basketball gods allow him a full recovery, Lillard’s return ensures fans will once more see trademark clutch performances in Moda Center, closing the loop on a legacy that seemed unfinished.

For now, Rip City can celebrate: the face of their franchise is home for what promises to be a poetic—and perhaps final—act in the jersey where it all began.