The Portland Trail Blazers have signed guard Damian Lillard to a contract extension, bringing the two-time NBA All-Star under contract through the 2020-21 season, it was announced today by President of Basketball Operations Neil Olshey.
According to ESPN.com, “the deal is the maximum five-year extension worth $120 million. The extension kicks in with the 2016-17 season.”
Lillard, 24, has career averages of 20.2 points (42.9% FG, 36.8% 3-PT, 86.1% FT), 3.8 rebounds, 6.1 assists, 0.95 steals and 36.7 minutes in three seasons with the Trail Blazers.
“I’m grateful to the Trail Blazers organization for believing in me with this contract extension,” said Lillard. “The city of Portland has made me feel welcome since the day I arrived. My family and I have made Portland our home.
“I feel fortunate to be a part of a great organization and community. I’m proud of what we’ve created together as a team and I’m excited to keep building.”
Selected by Portland with the sixth overall pick of the 2012 NBA Draft out of Weber State, Lillard holds the NBA record for most 3-pointers in a player’s first three seasons (599), while becoming the first NBA player since 2003-04 to record 4,000 points and 1,200 assists in his first 200 games.
“From the day he arrived in Portland, Damian has embodied all of the characteristics we value and expect as a player and a person,” said Olshey. “The level of commitment we are making to one another provides the foundation our organization will be built on. We could not find a finer example of the organizational culture we are working to create than Damian.”
Lillard set new career highs in points (21.0 ppg), rebounds (3.8 rpg), assists (6.1 apg), steals (1.18 spg) and field goal percentage (43.4%) during the 2014-15 season.
The first NBA player in 14 years to start in all 82 games for the same team in each of his first three seasons, Lillard represented Portland as an NBA All-Star in 2014 and 2015, earning All-NBA Third Team honors in 2013-14.
Lillard is one of four players in league history to be the unanimous NBA Rookie of the Year after winning the award in 2013.