Holiday, 35, rejoins Portland after originally being acquired from the Bucks by the organization in the Damian Lillard trade. Holiday was then re-rerouted to the Celtics, where he played a key role to bring the 2024 NBA championship to Boston. The veteran guard now joins a Blazers squad that surprised over the second half of the season.

The idea of the Celtics trading Holiday picked up steam after they were eliminated by the New York Knicks in the second round. Jay King of The Athletic reported after that series that "several contending teams" were interested in the UCLA product should Boston decide to shop him.

A person with knowledge of the details says Jrue Holiday is being traded by Boston to Portland, a year after helping the Celtics win the NBA championship.