Michael Porter Jr. and the Denver Nuggets reached an agreement on a five-year maximum rookie contract extension worth up to $207 million, according to ESPN's Adrian Wojnarowski. Without incentives, Porter Jr.'s contract is worth $172 million.
Porter, 23, was among the most improved players in the NBA last season, fulfilling his considerable promise to average 19 points (on 54/45/79 shooting splits) and 7.3 rebounds in 31.3 minutes per game for the third-seeded Nuggets. A 6-foot-10 scoring threat from anywhere, Porter helped elevate Denver to championship contention, alongside reigning MVP Nikola Jokic, before Jamal Murray suffered a season-ending ACL injury.