Report: Otto Porter, Nets agree to $104M max offer sheet, Wizards intend to match
Porter is a restricted free agent and the Wizards will have 48 hours after he signs to match
Otto Porter is set to for a huge payday this summer courtesy of the Nets. Porter, the , and the Nets have reportedly reached an agreement on a max contract worth $104 million, according to The Vertical's Shams Charania. Once the restricted free agent signs on July 6, the Wizards will have 48 hours to match the offer. According to Yahoo! Sports' Chris Mannix, Washington does in fact plan to match the max sheet Brooklyn offered to Porter.
This is the fourth player in two years that the Nets have given a large offer sheet to in an attempt to steal away a high level player. These max offers leave teams like Washington in a tough spot. Either let Porter walk for nothing or swallow the money and take on a hefty contract.
This is what Brooklyn does. They offer huge money to a player that might not be worth it, because considering the Nets' situation there is really nothing to lose. They don't own a draft pick next year. Their roster isn't great. All Brooklyn can do is force the hand of other teams and hope it gets a steal. In this scenario, if the Nets' high-money contract doesn't work out then they really lose nothing. Brooklyn is already at the bottom and it can't possibly get any lower. There is no loss for the Nets.
Washington on the other hand has to make a choice. Porter put together an incredible 2016-17 campaign and sometimes it's necessary for a team like the Wizards to bite the bullet and hope the pact works out in the long run. However, let's say John Wall declines the and he wants to leave. Now, the Wizards are stuck with an albatross contract and no superstar. These are the types of scenarios that Washington has to be thinking about as they look into Porter's eventual payday.
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