The Denver Nuggets and forward Michael Porter Jr. have agreed on a five-year designated maximum extension that could be worth up to $207 million, if he makes one of the three All-NBA teams this season. Otherwise, he will get the five-year rookie max of $172 million.
Porter averaged 19 points while shooting 54.2% from the field and 44.5% from 3-point range last season.
The agreement with Porter means Denver’s top four players — reigning NBA MVP Nikola Jokic, Jamal Murray, Porter and Aaron Gordon — are all signed to long-term deals to stay with the Nuggets, who are hoping they can form the core of the first NBA Finals team in Nuggets history.