{"id":296411,"date":"2026-07-15T10:45:11","date_gmt":"2026-07-15T10:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/296411\/"},"modified":"2026-07-15T10:45:11","modified_gmt":"2026-07-15T10:45:11","slug":"nets-not-in-hurry-to-begin-michael-porter-jr-contract-extension-talks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/296411\/","title":{"rendered":"Nets not in hurry to begin Michael Porter Jr. contract extension talks"},"content":{"rendered":"

LAS VEGAS \u2014 Nets general manager Sean Marks said Brooklyn will have extension talks with Michael Porter Jr., but there is no rush.<\/p>\n

\u201cI\u2019m sure we\u2019ll have those discussions. I think we\u2019ve got time. There\u2019s no immediate hurry right now with Mike. We value him a lot. He had a terrific year last year, arguably his best year as a pro. I give him a lot of credit for that,\u201d Marks said. \u201cIt\u2019s been great to see what Mike\u2019s done for us. I look forward to having those discussions, and seeing what Mike can do the rest of the summer and the rest of the season.\u201d<\/p>\n

Porter is on an expiring $40.8 million deal, and on July 6 became eligible for a four-year, $234 million extension. The Nets clearly won\u2019t give him that much, but how much would they be inclined to pay? And how much urgency do they have to get a deal done sooner rather than later?<\/p>\n

\u201cNo, any time you\u2019re in a hurry, that\u2019s when people make mistakes,\u201d Marks said. \u201cWe\u2019ve got a well-thought-out plan here over not only the last couple of years but the couple of years ahead. We\u2019re gonna try and find who the next Nets are gonna be. I don\u2019t think we wanna do anything hastily or in a rush here.<\/p>\n

\"BrooklynMichael Porter Jr. of the Brooklyn Nets reacts after scoring during the third quarter against the Bulls. Charles Wenzelberg\/New York Post<\/p>\n

\u201cAs I said before, I love Mike, the guy, the person, the player, and I hope he is part of this team. But we\u2019re just gonna have to have those discussions between the two of us and our representatives and go from there.\u201d<\/p>\n

After trading Nic Claxton for Julius Randle (and Joshua Jefferson), the Nets still have about $11 million in cap space. That doesn\u2019t include their agreement with Moritz Wagner, whom they can neatly fit into the mid-level exception.<\/p>\n

One option suggested by ESPN insider Bobby Marks and Yossi Gozlan of Third Apron was to use cap space to renegotiate and extend Porter. Brooklyn could give him a raise up to the 30 percent max for this season (to $49.5 million), and then up to a 40 percent pay cut in the first year of the extension, 2027-28.<\/p>\n

\t\t\t\t\t\t\tFollow all the basketball buzz in Brooklyn\t\t\t\t\t\t<\/p>\n

\n\t\t\t\t\t\t\tSign up for Inside the Nets by Brian Lewis, exclusively on Sports+.\t\t\t\t\t\t<\/p>\n

\t\t\t\t\t\tThank you\n\t\t\t\t<\/p>\n

Having Porter with a smaller cap hit \u2014 say, $30 million to start \u2014 would help the Nets\u2019 team-building by the time they start to actually contend. Marks did acknowledge it as a viable option.<\/p>\n

\u201cThere\u2019s going to be a lot of things on the table for us. That would certainly be something we\u2019re going to have that optionality that we have not only with MPJ, but with a lot of our guys,\u201d Marks said. \u201cAnd I like the fact that a lot of our guys are playing with a chip on their shoulder and have something to prove, not only the guys we acquired in our trades but the guys we\u2019ve signed here.\u201d<\/p>\n

\"BrooklynNets general manager Sean Marks. Corey Sipkin for the NY POST<\/p>\n

Porter joined Nikola Jokic, Victor Wembanyama, Luka Doncic and Jaylen Brown as the only players to average 24 points and seven rebounds this past season, even after a slow finish and a hamstring injury.<\/p>\n

The 27-year-old has stated a desire to re-sign, saying, \u201cI\u2019d love to spend many years in Brooklyn, make this my home and build and watch this franchise take off.\u201d<\/p>\n

Brooklyn smothered Sacramento 115-83 in summer league action Wednesday. They forced 28 turnovers that they converted into 41 points.<\/p>\n

Egor D\u00ebmin had 22 points, eight assists, four steals and zero turnovers. Rookie Mikel Brown Jr. added 16 points, five assists, two steals and a block. He also told the coaches he wanted to guard Sacramento\u2019s Darius Acuff Jr.<\/p>\n

\u201cYeah, coming into the draft, people were like, \u2018Defense, can he deal with the physicality, can he guard at a high level?\u2019 Where I come from, man, if you\u2019re the one getting picked on, you ain\u2019t supposed to be on the court,\u201d Brown said. \u201cSo that\u2019s just my mentality going into every single game.\u201d<\/p>\n

Acuff had 26 points but five turnovers and finished minus-15.<\/p>\n","protected":false},"excerpt":{"rendered":"LAS VEGAS \u2014 Nets general manager Sean Marks said Brooklyn will have extension talks with Michael Porter Jr.,…\n","protected":false},"author":2,"featured_media":296412,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,355,99,4600,21,23657,9,24,63,8439,319],"class_list":["post-296411","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-nets","tag-brooklyn-news","tag-michael-porter-jr","tag-nba","tag-nba-summer-league","tag-new-york","tag-new-york-city","tag-nyc","tag-sean-marks","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/296411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=296411"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/296411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/296412"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=296411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=296411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=296411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}