The Portland Trail Blazers will waive Eric Bledsoe ahead of his approaching guarantee date.

Bledsoe is expected to receive interest from a number of teams once he clears waivers.

Bledsoe is coming off a four-year, $70 million extension signed with the Milwaukee Bucks in March of 2019 ahead of his free agency. The Bucks traded Bledsoe to the New Orleans Pelicans in 2020 as part of the Jrue Holiday trade. Bledsoe was subsequently traded to the Los Angeles Clippers and then to the Blazers.