Porter is due to earn $3.55MM next season after making $3.39MM during the upcoming season.
The decision comes as no surprise, given the patience Denver’s front office has exhibited with Porter, who did not play last season. The No. 14 overall pick in the 2018 draft spent his first pro season recovering and rehabbing from back surgery.
Denver has high hopes that Porter can make a significant contribution this season. However, it remains to be seen how much of an impact he’ll deliver, considering how long it has been since he’s played.
He did not participate in summer league games in July after suffering a left knee sprain. He’s expected to make his preseason debut against Portland on Tuesday.