The Brooklyn Nets have offered a four year, $106 million offer sheet to Washington Wizard small forward Otto Porter that includes a starting salary of $24.75 million. Once the offer sheet is presented to the Washington Wizards, they will have 48 hours to match the Nets offer or permit Porter to join them. The Nets are working at improving upon their ball club that has won just 41 total games in the previous two seasons. Regardless of the decision made by the Wizards, the Nets have to feel good that a free agent wants the opportunity to play for them. Porter, who averaged 13.4 points per game, 6.4 rebounds, and 1.5 assists in 80 games, was offered the same deal by the Sacramento Kings but chose the Nets. Although the Wizards are not permitted to publicly state their intent, it has been leaked that they will match the Nets offer.
Under the direction of new General Manager Sean Marks, the Nets continue to look at different ways to improve upon the squad. In the deal with the Celtics in 2013, the Nets traded away multiple first round draft picks, and hence, have not been able to improve upon the team via the draft. In the past 16 months, the Nets have attempted to sign restricted free agents including Tyler Johnson, Allen Crabbe, and Donatas Motiejunas, yet the Heat, Blazers, and Rockets matched each offer. Along with the attempt to sign on Porter, on June 20th the Nets traded their long time center Brook Lopez to the Los Angeles Lakers in exchange for second year point guard D’Angelo Russell, and veteran center Timofey Mozgov.
If the Wizards choose not to match the offer sheet, Otto Porter would become the highest paid Net in franchise history topping the prior contracts of Deron Williams and Jason Kidd both of whom were already under contract with the Nets. The most ever paid for a “pure” free agent belongs to Jeremy Lin who signed on with the Nets at $36 million last July. Porter is considered one of the three core young players on the Wizards roster, yet if the offer sheet is matched, the Wizards will be on the line to pay an estimated $11.6 million in luxury tax for exceeding their salary cap figure. Secondly, if Porter returns to the Wizards, the next line of business for them will be to work on a lucrative extension for all-star point guard John Wall.