Portland will receive Jrue Holiday and a 2029 unprotected first round pick from Milwaukee, while also netting DeAndre Ayton from the Phoenix Suns.
Lillard asked out of Portland after more than a decade with the franchise shortly after the team used the third overall pick in the 2023 NBA draft on Scoot Henderson. Since then he made it clear his preferred destination is in Miami with the Heat, but Miami's primary trade piece - shooting guard Tyler Herro - didn't fit with Portland's needs and in recent weeks it was clear the team was exploring other options.
Lillard and Antetokounmpo discussed teaming up in the past, and will now get a chance to extend the championship window in Milwaukee. The pair will be among the best duos in the league, and complimentary pieces like Khris Middleton and Brook Lopez will make this team a very tough out in the Eastern Conference.
Meanwhile, Portland gets to turn their attention to a full rebuild around Henderson, Shaedon Sharpe, and Anfernee Simons while adding a key piece at center in Ayton, the former No. 1 overall pick who never found his footing in Phoenix. Holiday could be rerouted to another team or could help bridge the gap for the Blazers after averaging 19.3 points and 7.4 assists last year at age 32.
Phoenix gets a starting caliber center in Nurkic as well as depth options on the wing in Allen, Little, and Johnson while moving on from Ayton, who hadn't gelled with the team during his tenure with the Suns.
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