Michael Porter Jr’s Contracts and Salary Breakdown
Michael Porter Jr's max extension in 2021 earns him an annual salary almost ten times as much as that of his rookie contract.
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Denver Nuggets' Michael Porter Jr (AP)
Denver Nuggets small forward Michael Porter Jr has been dazzling the courts alongside fellow teammates Nikola Jokic and Jamal Murray. Having signed his maximum rookie extension with the Nuggets back in 2021, Michael has landed one spectacular contract until 2026-27. Amid all speculations regarding Michael Porter Jr’s contract and salary details, here’s what you need to know.
Since being drafted in 2018, Michael Porter Jr has been playing for the Denver Nuggets. The player signed his first NBA contract as a four-year rookie scale deal worth $15,093,095 with the franchise until 2021.
Although injuries had frequently sidelined the power forward in his initial season in the NBA, Porter Jr evolved into one of the integral players for the Nuggets over time. Denver Nuggets exercised the team option for the final two years of his rookie contract in 2020-21 and 2021-22.
From earning an annual average salary of $3,773,274 per annum with his rookie contract, Michael is set to earn about ten times as much yearly from the max extension. Here’s a comprehensive breakdown of Michael Porter Jr’s $179.2 million contract and his current salary details.
Also Read: Draymond Green Net Worth in 2023: How much is he worth?
Current Contract Breakdown
Michael signed his rookie max extension worth $179,299,750 across five years in September 2021. The contract will see him earn an average salary of $35,859,950 per annum, which is almost ten times as much as the annual salary of his rookie contract.
Michael’s max extension comes with $150,493,600 guaranteed at signing and the remaining sum in variables for the 2026-27 season. In the final season of his contract, Porter will earn $12,000,000 guaranteed and $17,000,000 if he makes the All-NBA team.
Currently, Michael is earning $30,913,750 for the 2022-23 season and is set to make $33,386,850 the next. The small forward will become an Unrestricted Free Agent in 2027.
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING | FREE AGENT |
| 5 yr(s) / $179,299,750 | $35,859,950 | $150,493,600 | Designated Rookie Extension/Bird | 2027 / UFA |
Salary Breakdown
- Current Salary: $30,913,750
- Salary Per Month: $2,576,146
- Salary Per Week: $644,036
- Salary Per Game: $376,996
- Salary Per Quarter: $94,249
- Salary Per Minute: $7,854
Previous Contracts and Salaries
2018 – 2021
| CONTRACT | AVG. SALARY | GTD AT SIGN | SIGNED USING |
| 4 yr(s) / $15,093,095 | $3,773,274 | $6,283,560 | Entry Level/Rookie |
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Ritvik Malhotra
(1085 Articles Published)