As expected, the Wizards matched Otto Porter’s offer sheet with the Brooklyn Nets on Saturday evening, according to Candace Buckner of the Washington Post.
That said, the official announcement will likely be delayed for several days. Though the Wizards intend to match, they still have to give Porter a physical. That physical can be delayed up to four days. Still, the Wizards wouldn’t do this unless they agree to match Brooklyn’s offer.
Porter will be paid $106 million over the next four seasons, but there are a couple of catches. First, he has a player option in the fourth year that he can use to go back to the free agent market a year earlier than expected. Second, he also has a trade kicker where he gets a 15 percent raise should he be traded in the 2018-19 season or later. These terms sound scary on the surface. But Porter is continuing his trajectory as one of the most consistent players on this team, so the bark should sound worse than the bite.
The Wizards began their rebuild in the summer of 2010 with the intent of keeping their key drafted players. Like John Wall and Bradley Beal, Porter has also emerged as a key drafted piece. Though this signing took a different turn than we’d like, the bottom line is that the Wizards stayed true to their commitment. It’s not a surprise that Porter will remain in D.C. next season.
Welcome back Otto!