According to Shams Charania of The Vertical, "Porter has reached [an] agreement on a four-year, $106 [million] max deal with [the] Brooklyn Nets."
The Washington Wizards, however, retained the right to match all proposals to Porter when they gave him a $7.7 million qualifying offer to make him a restricted free agent, and according to Yahoo Sports' Chris Mannix, they plan to match the deal.
Porter, whom Washington selected third overall in the 2013 NBA draft, played a limited role during each of his first two seasons with the Wizards. He broke through in 2015-16, though. In 75 appearances, including 73 starts, the Georgetown product averaged 11.6 points, 5.2 boards and 1.4 steals per game in 30.3 minutes a night.
Last season, Porter made another leap. Not only did his playing time tick up to 32.6 minutes a night, but he also averaged career highs of 13.4 points, 6.4 rebounds and 1.5 steals while shooting a sensational 51.6 percent from the field and 43.4 percent from three.
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Porter was one of two qualified players last season who shot better than 50 percent from the field and 40 percent from distance while averaging at least 10 points per game.
"I've managed to get comfortable with my shot," Porter told USA Today's Jeff Zillgitt in February. "Kudos to John [Wall] and Brad [Beal] and everyone else for finding me, believing in me, trusting me to take that shot and knock it down."
The question for Brooklyn is whether Porter can remain that efficient without Wall driving and kicking to him for open looks after forcing defenses to collapse in the paint. Nearly all of Porter's three-point attempts (84.1 percent) were classified as either "open" or "wide open" last season.
If Washington doesn't match the offer and Porter heads to fresh surroundings, adapting to a different offensive scheme would test the 24-year-old's mettle as he seeks to make good on a new contract.
With the Nets, Porter would have every opportunity to emerge as an offensive centerpiece—even if the acclamation process takes a bit of time.
Though he was more of a third or fourth option in Washington this season behind Wall, Beal and Markieff Morris, Porter proved he has the inside-out game necessary to evolve into a trusted scorer who can carry his share of an offense.
And considering Brooklyn is devoid of long-term building blocks besides D'Angelo Russell, Porter would likely be thrust into a starring role from the outset as the Nets continue to rebuild.