DENVER (KDVR/AP) — Forward Michael Porter Jr. has agreed to a five-year maximum extension with the Denver Nuggets that could be worth up to $207 million. His agent, Mark Bartelstein, confirmed the deal to the Associated Press.
Porter’s agreement would be worth at least $173 million over five years and could rise to the supermax level of $207 million over that span if he reaches certain criteria this season.
He’s assured of making at least $29.8 million in 2022-23, a figure that would rise if he qualified for more by being voted onto an All-NBA team or winning the league’s MVP award this season.
Porter, his agent and the organization have been negotiating his contract during the offseason after his contract expired.
After being drafted by the Nuggets in 2018, Porter underwent back surgery but averaged 19.0 points and 7.3 rebounds in his second season on the floor, shooting 44.5% and 52.4% overall.