Trail Blazers, Lillard working toward $196M max extension

Trail Blazers, Lillard working toward $196M max extension

Update (4:10 p.m. EDT): The Athletic's Shams Charania tweeted out new details of Damian Lillard's extension.

Trail Blazers president of basketball operations Neil Olshey will meet with Lillard and his representatives in his hometown of Oakland, Calif., on Sunday to finalize the contract, sources told Chris Haynes of Yahoo Sports.

After Portland parted ways with LaMarcus Aldridge, who signed with the San Antonio Spurs before the 2015-16 season, Lillard became the face of the franchise. Jamal Murray, Nuggets agree on extension?

The day has arrived. Follow along here for live updates on what is reported throughout the day.

Lillard was named All-NBA Second Team, marking the fourth straight season he has made an All-NBA team.

ESPN's Brian Windhorst reports Lillard and the team have agreed to the deal, which will include a player option for $54.3 million in its final year. He is one of four National Basketball Association players to average at least 25 points and 5 assists per game in each of the past four seasons, along with Stephen Curry, LeBron James, and James Harden. He finished the year ranked ninth in the National Basketball Association in points per game, tied for 11th in assists per game, third in free throw percentage, sixth in minutes per game, fourth in free throws made and sixth in three-pointers made.

National Basketball Association free agency is always a wild time, with plenty of big names and key role players switching teams.

Lillard is a career 36.8 percent 3-point shooter. By the time this extension ends, he'll likely be No. 1 by far.

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