The Wizards have officially matched the offer sheet which was extended to Otto Porter by the Brooklyn Nets, according to the team’s website. The team did not disclose the details of the contract, but it’ll be a four-year, $106.5MM deal, according to a previous report.
“After two years at Georgetown and four years with the Wizards here in Washington, D.C., I’m excited to be staying home,” said Porter. “I want our great fans to know that I will continue to work hard to improve my game in all areas and I hope to make an even bigger contribution to the Wizards’ success in the future.”
Porter had a career year during the 2016/17 season. He shot 43.4% from long-range, a figure which ranked fourth in the league.
“Otto has developed into a vital part of our young core, which is why we made it clear that our priority was to keep him here to maintain continuity and build on the success of this group heading into next season and beyond,” team president Ernie Grunfeld said. “His versatility, basketball IQ and three-point shooting combine to make him a great fit for us on the floor while his character and work in the community show why we’re so pleased to have him as a cornerstone of our franchise.”
The deal will reportedly include a 15% trade kicker and a player option for the fourth season. The former No.3 overall pick will also receive half of his salary by October 1st of each year, which is the maximum allowed. Porter is now the team’s highest-paid player.
Headline Wizards to go over the cap for first time in franchise history?
43.4%
All star
hahahaha
You laugh yet the east is so shallow that he very possibly will be a All star
Poor poor nets
I heard Porter sent Marks a thank you card.
John Wall will probably leave. This team hasn’t nor will improve to interest him in staying