In a shocking development, the Milwaukee Bucks waived their star point guard, Damian Lillard. Lillard suffered a torn Achilles tendon in the first round of the NBA Playoffs, and is expected to be sidelined for most if not all of the 25-26 season.
With the departure of their starting center, Brook Lopez, the Bucks looked to make a splash, and agreed to a 4-year, $107 million deal with Myles Turner, formerly of the Indiana Pacers. In order to create the space to sign Turner, Milwaukee decided to waive Lillard, and stretch the remaining $113 million on his contract over the next five years.