Bucks Waive Damian Lillard in Stunning Move, Acquire Myles Turner

Milwaukee, WI – July 1, 2025 – In one of the most surprising moves of the NBA offseason, the Milwaukee Bucks have reportedly waived All-Star guard Damian Lillard and will stretch the remaining $113 million on his contract. This drastic measure was taken to clear the necessary cap space to acquire free-agent center Myles Turner, according to sources close to the situation.

The decision marks an abrupt end to Lillard’s tenure in Milwaukee, which began with immense anticipation after his blockbuster trade from the Portland Trail Blazers in September 2023. Lillard, who was expected to form a formidable duo with two-time MVP Giannis Antetokounmpo, played just two seasons for the Bucks.

The move comes as Lillard rehabilitates a torn Achilles tendon sustained during the first round of the playoffs this past spring, an injury that is expected to sideline him for the majority, if not all, of the upcoming 2025-26 season. This injury, coupled with his substantial remaining contract, seemingly forced the Bucks’ hand in their pursuit of roster upgrades.

By waiving and stretching Lillard’s remaining $112.6 million over five seasons, the Bucks will incur a significant “dead money” hit on their salary cap for years to come. However, this maneuver reportedly provides the cap flexibility needed to finalize a four-year, $107 million deal with Myles Turner, a highly sought-after big man known for his defensive prowess and three-point shooting.

The trade for Lillard in 2023 saw the Bucks part with a significant package including Jrue Holiday, Grayson Allen, and multiple draft picks and swaps. The initial goal was to bolster their offensive firepower and push for another NBA championship alongside Antetokounmpo and Khris Middleton. While Lillard showcased flashes of his offensive brilliance, the team’s overall performance fell short of expectations in both of his seasons.

This shocking development signals a clear shift in strategy for the Bucks, prioritizing a strong defensive anchor in Turner, particularly given Lillard’s prolonged absence. The question now looms: who will step into the primary playmaking role for Milwaukee, and can this retooled roster truly contend for a title with Giannis Antetokounmpo as the undisputed leader? The ripple effects of this bold decision will undoubtedly be felt across the league for seasons to come.