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Report: Bucks waiving Lillard, acquiring Turner in major roster shakeup

MILWAUKEE — The Milwaukee Bucks are waiving Damian Lillard and stretching the remaining $113 million on his contract to acquire center Myles Turner from the Indiana Pacers, according to ESPN NBA insider Shams Charania.

Just in: The Milwaukee Bucks are waiving Damian Lillard and stretching the remaining $113 million on his contract in order to acquire Myles Turner, sources tell ESPN. Lillard's two seasons in Milwaukee come to an end as he rehabilitates a torn Achilles tendon. pic.twitter.com/eg1D1TMFM6

— Shams Charania (@ShamsCharania) July 1, 2025

According to the report, Turner has agreed to a four-year, $107 million deal with the Bucks, including a player option for the fourth year in 2028-29, and a full 15% trade kicker, sources told ESPN.

This is a developing story and will be updated.

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