Damian Lillard's Contract

Last Modified Dec 17, 2024 18:52 GMT
Damian Lillard's Contract
Damian Lillard at the Boston Celtics v Portland Trail Blazers game

The renowned football point guard Damian "Dame Time" Lillard joined the Milwaukee Bucks in 2023. As per the NBA's official website, the Portland Trail Blazers, Bucks, and Phoenix Suns were the three teams that were involved in the deal. The Blazers selected Lillard with the sixth overall pick in the first round of the 2012 NBA Draft. He was chosen for the third team of the All-American team in 2012 while playing college basketball for the Weber State Wildcats.

Lillard is the Blazer's all-time top scorer. As of 2024, he has been for the NBA All-Star team eight times and has been named to seven All-NBA Teams. He participated in the Summer Olympics for the United States in 2021 and took home a gold medal and was selected for the NBA's 75th Anniversary Team that same year. Throughout his 12 NBA seasons, he has started 842 games and averaged 25.1 points, 6.7 assists, and 4.2 rebounds, as of the 2023-24 NBA season.

Damian Lillard's Contract Breakdown

According to Spotrac, In 2021, Damian Lillard agreed to a four-year, $176.2 million designated veteran extension contract with the Portland Trail Blazers. This includes a $176.2 million guarantee and an average salary of $44 million per year.

Further, as per Spotrac, there is a 2025-26 maximum veteran extension for Lillard for two years, worth $112.5 million, with an average salary of $56.29 million. The contract is fully guaranteed, which was originally signed with the Portland Trail Blazers, and will be honored by the Milwaukee Bucks.

According to Spotrac, Lillard's contract breakdown is as follows:

Contract TermsAvg SalaryGTD at SignTotal GTDSigned Using
4 yr(s) / $176,265,152$44,066,288$176,265,152$176,265,152Bird Rights
YearAgeStatusCap HitAnnual Cap %League CapApron SalaryLuxury TaxTax %League TaxCashAnnual CashGuaranteed CashCumulative Cash
2021-2231-$39,344,90035.00%$39,344,900$39,344,90028.80%$39,344,900$39,344,900$39,344,900$39,344,900$39,344,900$39,344,900
2022-2332-$42,492,49234.36%$42,492,492$42,492,49228.28%$42,492,492$42,492,492$42,492,492$42,492,492$42,492,492$81,837,392
2023-2433-$45,640,08433.55%$45,640,084$45,640,08427.61%$45,640,084$45,640,084$45,640,084$45,640,084$45,640,084$127,477,476
2024-2534-$48,787,67634.70%$48,787,676$48,787,67628.56%$48,787,676$48,787,676$48,787,676$48,787,676$48,787,676$176,265,152

How much is Damian Lillard getting paid?

Spotrac estimates that Damian Lillard's 2024 player option will bring in $48.78 million. This sum accounts for 34.70% of the league's annual cap and makes a substantial contribution to the team's 28.56% luxury tax calculation.

How much does Damian Lillard make in a minute?

Given his total salary of $48.78 million and the 525,600 minutes in a year, Damian Lillard makes $92.8 per minute in the 2024 season.

Damian Lillard's Career Earnings

Damian Lillard's total career earnings are $328.2 million as of December 2024, as per Spotrac.

What are the terms of Damian Lillard's Contract?

As per the terms of Damian Lillard's designated veteran extension contract (2021-2024), which allows him to earn up to 35% of the salary cap under the NBA's rules for veteran players. Also, the contract's total value was lowered as a result of the league's salary cap being lowered, although the extension was originally stated to be four years and $196 million.

In the 2024 season, he had a player option, meaning he could choose to either remain under the contract terms or become a free agent. A similar player option is available for his maximum veteran extension too for the 2026–27 season. According to Spotrac, the deadline to opt-in to the player option is June 29, 2026.

How much of Damian Lillard's Contract is guaranteed?

According to Spotrac, Damian Lillard's designated veteran extension with the Blazers for 2021-2024, worth $176.2 million, is fully guaranteed.

Damian Lillard's Contract History

Damian Lillard began playing for the Milwaukee Bucks in the 2023 season, before which he played with the Portland Trail Blazers for 11 seasons.

Portland Trail Blazers (2012-2023)

Damian Lillard signed a rookie four-year contract with the Portland Trail Blazers in 2012, worth $13.84 million, with a guaranteed signing amount of $6.2 million and an average annual salary of $3.4 million. According to Spotrac, the contract was signed using the rookie-scale exception and was fully guaranteed.

As per Spotrac, in 2016, he signed a designated rookie extension for five years, worth $139.8 million for an average annual salary of $27.97 million. This contract was also fully guaranteed.

Similar Pages

Mitchell Robinson
Mitchell Robinson Image
Mitchell Robinson
Michael Porter Jr.
Michael Porter Jr. Image
Michael Porter Jr.
Jaylin Williams
Jaylin Williams Image
Jaylin Williams
Colin Castleton
Colin Castleton Image
Colin Castleton
Donte DiVincenzo
Donte DiVincenzo Image
Donte DiVincenzo
Rudy Gobert
Rudy Gobert Image
Rudy Gobert
Joe Ingles
Joe Ingles Image
Joe Ingles
LeBron James
LeBron James Image
LeBron James
Nikola Jokic
Nikola Jokic Image
Nikola Jokic
Kevin Durant
Kevin Durant Image
Kevin Durant
Jayson Tatum
Jayson Tatum Image
Jayson Tatum
Giannis Antetokounmpo
Giannis Antetokounmpo Image
Giannis Antetokounmpo
Ben Simmons
Ben Simmons Image
Ben Simmons
Stephen Curry
Stephen Curry Image
Stephen Curry
R.J. Barrett
R.J. Barrett Image
R.J. Barrett

FAQs on Damian Lillard

A. Damian Lillard has played for the Milwaukee Bucks since the 2023 season, after being traded by the Portland Trail Blazers.

A. Damian Lillard was drafted by the Portland Trail Blazers in the 2012 NBA Draft, as the sixth pick in the first round.

A. Damian Lillard stands 6 feet 2 inches, or 188 cm, tall.

A. Yes, Damian Lillard won a gold medal at the 2020 Tokyo Olympics, representing Team USA.

A. Damian Lillard is from Oakland, California, in the United States.

Related Stories

"Dame never cheated the grind" - NBA fans thrilled as Damian Lillard returns to Trail Blazers following Bucks title bust "Dame never cheated the grind" - NBA fans thrilled as Damian Lillard returns to Trail Blazers following Bucks title bust
"Dame never cheated the grind" - NBA fans thrilled as Damian Lillard returns to Trail Blazers following Bucks title bust
Minnesota Timberwolves vs Portland Trail Blazers Predicted Starting Lineups and Depth Charts for Oct. 22 | 2025-26 NBA Season Minnesota Timberwolves vs Portland Trail Blazers Predicted Starting Lineups and Depth Charts for Oct. 22 | 2025-26 NBA Season
Minnesota Timberwolves vs Portland Trail Blazers Predicted Starting Lineups and Depth Charts for Oct. 22 | 2025-26 NBA Season
"I’d take Angel Reese in a game of 21 over Gabe Vincent": Fans can’t stop roasting as Lakers guard throws down the gauntlet with daring challenge "I’d take Angel Reese in a game of 21 over Gabe Vincent": Fans can’t stop roasting as Lakers guard throws down the gauntlet with daring challenge
"I’d take Angel Reese in a game of 21 over Gabe Vincent": Fans can’t stop roasting as Lakers guard throws down the gauntlet with daring challenge
Golden State Warriors Injury Report: Al Horford's Status Announced, $37,500,000 Guard Ruled Out for Game vs Nuggets (Oct. 23) Golden State Warriors Injury Report: Al Horford's Status Announced, $37,500,000 Guard Ruled Out for Game vs Nuggets (Oct. 23)
Golden State Warriors Injury Report: Al Horford's Status Announced, $37,500,000 Guard Ruled Out for Game vs Nuggets (Oct. 23)
1d
NBA Fans React to Aaron Gordon’s Unmatched Performance in Heartbreaking Loss vs Steph Curry’s Warriors NBA Fans React to Aaron Gordon’s Unmatched Performance in Heartbreaking Loss vs Steph Curry’s Warriors
NBA Fans React to Aaron Gordon’s Unmatched Performance in Heartbreaking Loss vs Steph Curry’s Warriors
1d
“LeBron James to Mavs” - Lakers superstar’s trade rumors to Mavs spike after fans see Nico Harrison with Rich Paul courtside before season opener “LeBron James to Mavs” - Lakers superstar’s trade rumors to Mavs spike after fans see Nico Harrison with Rich Paul courtside before season opener
“LeBron James to Mavs” - Lakers superstar’s trade rumors to Mavs spike after fans see Nico Harrison with Rich Paul courtside before season opener
Game Changer Victor Wembanyama Jumps to MVP Favorite on $1,000,000,000 Gambling Platform Game Changer Victor Wembanyama Jumps to MVP Favorite on $1,000,000,000 Gambling Platform
Game Changer Victor Wembanyama Jumps to MVP Favorite on $1,000,000,000 Gambling Platform
1d
Malik Beasley's Gambling Investigation Takes New Turn After Terry Rozier's Arrest Shakes The NBA Malik Beasley's Gambling Investigation Takes New Turn After Terry Rozier's Arrest Shakes The NBA
Malik Beasley's Gambling Investigation Takes New Turn After Terry Rozier's Arrest Shakes The NBA
1d
"He's a s*x symbol": Shaquille O’Neal can't stop teasing Charles Barkley over his stunning body transformation "He's a s*x symbol": Shaquille O’Neal can't stop teasing Charles Barkley over his stunning body transformation
"He's a s*x symbol": Shaquille O’Neal can't stop teasing Charles Barkley over his stunning body transformation
1d
Mavericks Fans Undeterred as Cooper Flagg's Underwhelming Season Debut Parallels Luka Doncic's First Outing Mavericks Fans Undeterred as Cooper Flagg's Underwhelming Season Debut Parallels Luka Doncic's First Outing
Mavericks Fans Undeterred as Cooper Flagg's Underwhelming Season Debut Parallels Luka Doncic's First Outing
1d
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
down arrow icon
More
bell-icon Manage notifications