The Milwaukee Bucks on Tuesday waived nine-time All-Star Damian Lillard, electing to stretch the final two years of his contract. In other words, Lillard's tenure in Milwaukee is finished but the Bucks will still be paying the remaining $113 million he's owed on the final two years of his contract over the next five seasons.

As Damian Lillard nurses an Achilles injury and comes to terms with his release from Milwaukee, he could soon be heading South.

Damian Lillard now has more freedom to choose where his next basketball destination will be after the Milwaukee Bucks waived him and stretched the $113 million left on his contract to acquire big man Myles Turner on Tuesday,

Three veteran free agents agreed to two-year contracts to remain with the Milwaukee Bucks, according to multiple media reports on Monday. Kevin Porter Jr.'s deal reportedly is worth $11 million, with Gary Trent Jr.

The Milwaukee Bucks reached an agreement to re-sign free agent shooting guard Gary Trent Jr., bringing the 26-year-old back on a 2-year, $7.5 million contract, with the second year being a player option.

Gary Trent Jr. impressed during the Milwaukee Bucks' short stint in the 2025 NBA playoffs, and they are surely hoping for more after deciding to bring him back on a new deal.