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Michael Porter Jr. seeks $40 million extension from Brooklyn Nets

Yahoo Sports • 1 min read • Latest: Sep 1, 2026, 11:32 AM

Last updated Sep 1, 2026

Michael Porter Jr. seeks $40 million extension from Brooklyn Nets

Summary

Brooklyn Nets forward Michael Porter Jr. is entering the final year of his five-year, $179.3 million contract for the 2026-27 NBA season. The 2023 NBA champion is seeking an extension starting at approximately $40 million annually, according to reporting from Sean Deveney. The Nets have not presented an offer to the forward, leading to potential trade speculation if the sides cannot reach a middle ground. Porter remains eligible for a four-year, $234 million max extension through the 2027 offseason. The organization is currently focused on rebuilding its roster, and the team is not expected to be competitive in the immediate future. Porter has previously voiced public frustration regarding teams that intentionally tank to secure high draft picks.

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By the Numbers

•Michael Porter Jr. enters the final year of his current contract this season.
•The forward is seeking an annual salary of at least $40 million.
•Brooklyn has not yet offered a contract extension to the player.
•Porter is eligible for a maximum extension through the 2027 offseason.

Latest Updates

11:32 AMYahoo Sports — Michael Porter Jr.’s $40M Contract Demand Sparks Brutal Nets Fan Reaction as 2023 Champion Faces Uncertain Future

What they're saying

"
Michael Porter Jr. will enter the 2026-27 NBA season in the final year of his five-year, $179.3 million maximum contract. Porter is looking to continue his tenure with the Brooklyn Nets and potentially sign a contract extension. The star forward is eligible to sign an extension with the Nets until the 2027 offseason. Porter is [...]
— Yahoo Sports

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