Damian Lillard has not signed with the Miami Heat — he’s officially heading back to the Portland Trail Blazers
The Bucks waived and stretched Lillard’s contract on July 1, freeing him as an unrestricted free agent .
On July 17, 2025, it was confirmed that Lillard is finalizing a 3‑year, $42 million deal with the Trail Blazers, featuring a player option and no-trade clause .
Lillard is expected to miss the entire 2025–26 season while rehabbing a torn Achilles — the Blazers remain his primary destination .
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🏀 Miami Heat ties?
Yes, there was speculation that Miami held interest in Lillard post-waiver .
However, league insiders confirmed that Miami chose not to pursue him—they didn’t want to pay a full-season rehab contract for an injured star .