India, July 18 -- Nine-time NBA All-Star Damian Lillard, recently waived by the Milwaukee Bucks, is finalizing a three-year, $42 million contract to return to the Portland Trail Blazers, ESPN reported, citing sources. The deal marks a homecoming for the franchise icon and will reportedly include a player option in 2027-28 and a no-trade clause.

Lillard's three-year, $42 million deal reportedly includes a player option for 2027-28 and a no-trade clause, ensuring control over his future. The contract averages $14 million annually, a significant reduction from his $63 million/year Bucks deal.

ESPN reported multiple meetings between Lillard and GM Joe Cronin and coach Chauncey Billups. Shams Charania reported that the 35-year-old and the Tr...