The Nuggets and Nets have agreed to a trade that will send Michael Porter Jr. and an unprotected 2032 first-round pick to the Nets in exchange for Cameron Johnson, reports Shams Charania of ESPN (Twitter link).
The move will create significant cap flexibility for Denver. Porter is owed a little over $79MM across the next two seasons, while Johnson’s contract has a base value of $44MM over those same two years (he also has some unlikely incentives that count toward the tax aprons).
It also looks like a potential on-court upgrade for the Nuggets. While Porter is an extremely talented scorer and shooter who averaged 18.2 points per game on a .504/.395/.768 shooting line in 77 games for Denver in 2024/25, Johnson is considred a strong defender and is a pretty good scorer and shooter in his own right.
Johnson scored a career-high 18.8 points per game on .475/.390/.893 shooting in 57 outings for the Nets this past season. He also set a new career high with 3.4 assists per contest.
The trade will move the Nuggets’ team salary more than $13MM below the first apron, potentially opening up the non-taxpayer mid-level exception to use in free agency, notes Keith Smith of Spotrac (Twitter link). That could be a valuable tool for a Denver team looking to add quality depth to support a strong starting lineup.
The Nets, meanwhile, will use a chunk of their cap room to accommodate Porter’s incoming salary — if they had been operating over the cap, they wouldn’t be able to swap Johnson straight up for MPJ and his $38.3MM cap hit.
The move will reduce their cap room to about $17MM, tweets ESPN’s Bobby Marks, though that number is fluid, depending on how the team handles its non-guaranteed contracts and whether either of the reported deals for Day’Ron Sharpe and Ziaire Williams go into the room exception.
The unprotected 2032 first-round pick is clearly the prize of the deal for Brooklyn. Nikola Jokic will be 37 years old in 2032, and there’s no guarantee he’ll still be a Nugget anyway, so that pick has a good deal of variability and could turn into a very valuable asset.
Still, the Nets don’t view Porter as a mere salary dump. They’re excited about the former lottery pick – who celebrated his 27th birthday on Sunday – and intend to keep him, tweets Ramona Shelburne of ESPN.