The Portland Trail Blazers and Damian Lillard have agreed to a four-year, $196 million super maximum contract extension, sources confirmed to ESPN's Brian Windhorst.

The All-NBA guard will have a player option for $54.3 million in the last year of the extension, sources said.

Lillard, 28, has two years and around $61 million left on his current deal. The extension would keep him in Portland through the 2024-25 season.

The extension was first reported by The Athletic.

After Portland parted ways with LaMarcus Aldridge, who signed with the San Antonio Spurs before the 2015-16 season, Lillard became the face of the franchise.

The Weber State product, drafted No. 6 overall by Portland in the 2012 NBA draft, has helped lead the Blazers to the playoffs six times --most recently to the Western Conference finals, where they were swept by the Golden State Warriors.

In the first round, Lillard hit a series-clinching 3-pointer at the buzzer to eliminate the Oklahoma City Thunder in five games -- the second series-clinching buzzer-beater of his career (2014 vs. Houston).

Lillard is one of just four players to average at least 25 points and 5 assists per game in each of the past four seasons, along with LeBron James, Stephen Curry and James Harden.

His 12,909 career points rank second in Blazers franchise history, trailing only Hall of Famer Clyde Drexler (18,040).