The Denver Nuggets and forward Michael Porter Jr. have agreed to a five-year, $172 million max rookie extension, his agency told ESPN on Monday.
The deal could be worth up to $207 million if he reaches the designated max criteria and makes one of the three All-NBA teams in 2021-22.
Porter, 23, was drafted 14th overall in 2018 but missed the 2018-19 season with a back injury.
After averaging 9.3 points and 4.7 rebounds in 55 games (eight starts) in 2019-20, the 6-foot-10 Porter boosted those marks to 19.0 points and 7.3 boards in 61 games (54 starts) last season.
For his career, Porter is shooting 53.2 percent from the field, 43.9 percent from 3-point range and 80.6 percent from the free-throw line.
According to ESPN, Porter is set to earn $29.8 million in 2022-23, $32.1 million in 2023-24, $34.5 million in 2024-25, $36.9 million in 2025-26 and $39.3 million in 2026-27.
Porter is the fourth player to receive a max rookie extension this offseason, joining Dallas Mavericks guard Luka Doncic, Atlanta Hawks guard Trae Young and Oklahoma City Thunder guard Shai Gilgeous-Alexander.
--Field Level Media