AP source: Blazers, Lillard agree to $122 million extension

LAS VEGAS — Damian Lillard and the Portland Trail Blazers have agreed on a $122 million, two-year extension that puts the Olympic gold medalist under contract through the 2026-27 season, a person with knowledge of the negotiations said Friday.

Lillard will make about $59 million in 2025-26, then about $63 million the next year, said the person who spoke to The Associated Press on condition of anonymity on Friday because the extension has not been announced.

He’ll make about $137 million over the next three seasons, before the extension begins.

Lillard is a six-time All-Star who has spent all 10 of his NBA seasons in Portland. He was limited to 29 games this past season because of a core injury that required surgery, and told ESPN in a televised interview early Friday that the time off — while frustrating — should help him long-term.

“My body is stronger than it was before in certain areas,” Lillard said while watching games at the NBA Summer League in Las Vegas.

Lillard, who turns 32 on July 15, also said the mental break was helpful, along with the physical rest.

He has averaged 24.6 points in his career, is a six-time All-NBA player and was selected as a member of the league’s top 75 players as part of the NBA’s 75th anniversary celebration this past season.

5-time All-Star John Wall signs with LA Clippers

LAS VEGAS — Five-time All-Star John Wall signed a free-agent deal with the Los Angeles Clippers on Friday.

Wall posted photos on his social media accounts of him signing his contract and receiving congratulations from owner Steve Ballmer in Las Vegas, where the Clippers have a team in the NBA Summer League.

“John is one of the great downhill drivers and shot creators of his era,” said Lawrence Frank, president of basketball operations. “He will add depth to our backcourt with his initiating, passing and point-of-attack defense.”

The 31-year-old guard averaged 20.6 points, 6.9 assists and 3.2 rebounds while starting 40 games for the Houston Rockets during the 2020-21 season. He sat out all of last season while the Rockets considered a long-term plan for him.

Wall had left heel surgery that caused him to miss most of the 2018-19 season. He sat out the entire following season while recovering. He played in just 41 games in 2017-18 after being limited by a left knee injury.

Wall played for the Washington Wizards from 2010-20 after being the first overall pick in the 2010 NBA draft out of Kentucky.