An eight-time All-Star, Damian Lillard is one of the premier superstars in the league right now. Nicknamed Dame Time, the point guard is adored for his timely long-range shots in clutch moments for his team. Playing for the Milwaukee Bucks since his high-profile trade from Portland, how much does Damian Lillard earn from his current contract with the franchise?Â
Drafted in 2012, Dame Time dazzled the courts since his very first NBA season and won Rookie of the Year in 2013. After signing his four-year rookie contract, the Portland Trail Blazers exercised the team options for the 2014-15 and 2015-16 seasons owing to his performances. Later, Lillard signed a five-year max rookie extension with them worth $139.9 million in July 2015.
Currently, in the third year of his $176 million veteran extension contract, Lillard signed a further two-year max extension that will see him renew his contract until 2027. In fact, he is one of the highest paid athletes in the world right now.
But exactly how much is Damian Lillard making from his current contract, and how much will he earn from his max extension? Here’s a comprehensive breakdown of the point guard’s contracts and salary details.
Current Contract Breakdown
Damian Lillard is now in the third year of his four-year / $176,265,152 contract signed in July 2019. At an average salary of $44,066,288 per annum, the contract came with $176,265,152 guaranteed at signing.
Damian Lillard (via Instagram)The deal originally had a player option for 2024-25, which the point guard has exercised. For the running NBA season, Lillard will be earning $45,640,084 as base salary with a similar dead cap and cap hit value per Spotrac.
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 4 yr(s) / $176,265,152 | $44,066,288 | $176,265,152 | Designated Player Veteran Extension/Bird | 2025 / UFA |
In July 2022, Lillard signed his two-year max veteran contract extension worth $121,774,039. The contract has a player option for the 2026-27 season with an average salary of $60,887,020 per annum. Damian Lillard will become an Unrestricted Free Agent in 2027.
Damian Lillard (via Instagram)2025 – 2027 (New Contract)
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 2 yr(s) / $112,912,800 | $56,456,400 | $112,912,800 | Maximum Extension/Bird | 2027 / UFA |
Current Salary Breakdown
Damian Lillard (via Instagram)- Current Salary: $45,640,084
- Salary Per Month: $3,803,380
- Salary Per Game: $556,586
- Salary Per Minute: $11,596
Previous Contracts and Salaries
Damian Lillard (via Imago)2016 – 2020
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING |
| 5 yr(s) / $139,888,445 | $27,977,689 | $139,888,445 | Designated Rookie Extension/Bird |
2012 – 2015 [Entry Level]
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING |
| 4 yr(s) / $13,845,166 | $3,461,292 | $6,267,960 | Entry Level/Rookie |
FAQs
Q. Which franchise drafted Damian Lillard in the NBA?
The Portland Trail Blazers drafted Damian Lillard in the 2012 NBA Draft.
Q. How old is Damian Lillard?
Damian Lillard is 33 years old.
Q. Which team does Damian Lillard play for now?
Damian Lillard plays point guard for the Milwaukee Bucks in the NBA.
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