The Portland Trail Blazers are trading guard Damian Lillard to the Milwaukee Bucks, per Adrian Wojnarowski.

Lillard goes to Milwaukee as part of a three-team deal with Jrus HOliday, Deandre Ayton, Toumani Camara, a 2029 unprotected MIL 1st, and unprotected MIL swap rights in 2028/2030 to the Blazers.

Phoenix lands Jusuf Nurkic, Grayson Allen, Nassir Little and Keon Johnson.

The Blazers are expected to immediately engage in trade talks with Holiday, per Wojnarowski.