All-Star guard Damian Lillard has signed a multi-year contract with Trail Blazers. The team will welcome Lillard back at a news conference at 6 p.m. Monday. PORTLAND, Ore. — It's official: Damian Lillard is a Blazer once more.

Damian Lillard is returning to Portland. The nine-time All-Star is signing a three-year, $42 million contract to rejoin the Portland Trail Blazers, per ESPN. Lillard, 35, was waived by the Milwaukee Bucks on July 1,

PORTLAND, Ore. (KPTV) - The Portland Trail Blazers are officially welcoming nine-time NBA All-Star Damian Lillard back to the team during a press conference on Monday evening. Lillard inked a three-year, $42 million contract with the Blazers on Saturday.

Damian Lillard sustained an ACL injury in April. The Bucks waived him in early July. Lillard then agreed to a three-year deal to return to the Trail Blazers, ESPN reported.