The Portland Trail Blazers and Damian Lillard have agreed to a four-year, $196 million super maximum contract extension, sources confirmed to ESPN's Brian Windhorst.
The All-NBA guard will have a player option for $52 million in the last year of the extension, sources said.
Lillard, 28, has two years and around $61 million left on his current deal. The extension would keep him in Portland through the 2024-25 season.
The extension was first reported by The Athletic.
After Portland parted ways with LaMarcus Aldridge, who signed with the San Antonio Spurs before the 2015-16 season, Lillard became the singular face of the franchise.