Milwaukee Bucks to waive Damian Lillard for Myles Turner signing

The Milwaukee Bucks will waive guard Damian Lillard to sign center Myles Turner to a $107 million contract over four years, team sources confirmed to The Athletic. Lillard, recovering from a torn Achilles tendon, will have his salary stretched over five years. Bucks GM Jon Horst aims to keep Giannis Antetokounmpo competitive. Turner's acquisition bolsters the team's playoff chances in the East.

Turner, 29, brings skills similar to Brook Lopez's, including 3-point shooting and shot-blocking. The move reshapes the Bucks' roster and strengthens their position in the conference. Milwaukee will make cap space by waiving Lillard and signing other players.

Lillard is pleased with the decision as it gives him flexibility to join a contender without financial constraints. He could sign for a minimum salary and still earn his due amount. Several teams have shown interest in Lillard, offering him a chance to choose his next destination.

Overall, this move benefits both the Bucks and Lillard, providing a fresh start for the All-Star guard. According to the source: The New York Times.