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The Milwaukee Bucks are waiving guard Damian Lillard and stretching the $113 million remaining on his contract, according to ESPN's Shams Charania. ESPN's Bobby Marks reports that it is the largest waive and stretch in NBA history. Lillard's tenure with the Bucks comes to a surprising end after two seasons. The All-NBA guard was set to miss most, if not all, of the 2025-26 season after tearing his Achilles tendon in May. Because of his unlikely availability, the soon-to-be 35-year-old became a cap casualty with Milwaukee adding center Myles Turner and guard Gary Harris in free agency, while retaining forwards Bobby Portis and Taurean Prince, and guard Kevin Porter Jr. Lillard, who finished 10th in scoring (24.9) and assists (7.1) last season, will now be on the hunt for a new team.--Andrew Ball - RotoBaller
Source: Shams Charania - ESPN
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