Michael Porter Jr.'s Contract

Last Modified Oct 21, 2023 11:44 GMT

Michael Lamar Porter Jr. is an American basketball player born on June 29, 1998. The Denver Nuggets drafted him as the 14th overall pick in the 2018 NBA draft, which was the start of his professional NBA career.

Michael Porter enrolled at the Father Regional Catholic High School in Columbia, Missouri. He played basketball with the school’s basketball team and led the team to the 2A State Championship. Later, in his senior year, Michael was transferred to the Nathan Hale High School in Seattle, Washington.

In March 2017, Michael was selected to play in the McDonald’s All-American Game and was rewarded as the Most Valuable Player. In the same year, he earned a spot in the 2017 Nike Hoop Summit, where he led team USA to a 98-87 win over the World Select Team with 19 points in a gameplay of 23 minutes.

On March 24, 2017, Michael joined the University of Missouri and continued his basketball journey. He participated in the 2018 NCAA Division I men’s basketball tournament but unfortunately lost to Florida State. On March 27, Michael left his college and declared for the 2018 NBA draft.

Michael Porter Contract

Michael Porter signed a five-year contract extension worth $179,299,750 with the Denver Nuggets. This contract offered him an annual average salary of $35,859,950 with a guaranteed base salary of $33,386,850 for the 2023-24 season.

On June 21, 2018, Michael was selected as the 14th overall pick in the 2018 NBA draft by the Denver Nuggets. On July 3, 2018, he signed his first multi-year contract with the Denver Nuggets. This entry-level contract was worth $15,093,095 and guaranteed him an annual average salary of $3,773,274.

Michael Porter Endorsements

As per online sources, Michael Porter secured a multi-year endorsement and apparel deal with Puma in 2018. He has earned a significant sum from his endorsement deals. However, no information is available about the exact amount he gets from endorsement deals.

Puma launched its first performance basketball sneakers, the Puma Clyde Court in June 2018. Moreover, Puma caters to Michael’s footwear, providing him a range of exclusive signature shoes to ensure comfort and long lasting durability.

Michael Porter Salary

Teh 26-year old will be earning approximately $33.3 million in the upcoming 2023-24 NBA season. Michael was drafted by the Denver Nuggets team in the 2018 NBA draft and he is playing for the same team since then. His current contract with this team has guaranteed him a total amount of $179,299,750 and offers him an average annual salary of $35,859,950.

Michael signed his first contract with the Denver Nuggets in 2018. The contract was worth $15,093,095 with an annual average salary of $3,773,274. This contract ended in 2021 and he extended his contract with the same team. Now, his current annual salary is almost ten times more than he got during his first rookie contract.

Michael Porter Investments

As per the information available, Michael has not made any major investment yet. He has a very strong bond with his family members and spends most of his time with his parents. According to Michael's Instagram, he spent some of his income on cars. Michael gifted a Tesla Model Y to his father on Christmas and his mother also got a brand new SUV.

Michael Porter Shoes

As mentioned above, Michael is a brand ambassador for the famous shoe brand, Puma. The German footwear and apparel giant designs special signature shoes for Michael to showcase his unique style and skills on the court.

He has been noticed sporting a variety of Puma shoes on the basketball court. Michael recorded his career-high points and rebounds, wearing the Puma RS-Dreamer. Moreover, he has also been seen wearing Puma Clyde Hardwood and Nike PG 5.

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FAQs

A. Michael Porter is 25 years old as of October 2023. He was born on June 29, 1998.

A. Michael gets an average annual salary of $35,859,950 under his contract with the Denver Nuggets.

A. Michael has a 2k rating of 80 for the 2022-23 season.

A. Michael Porter Sr. and Lisa Porter are Michael’s parents.

A. Michael Porter was drafted on June 21, 2018, by the Denver Nuggets in the NBA draft.

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