The Denver Nuggets have agreed to trade Michael Porter Jr. and an unprotected 2032 first round pick to the Brooklyn Nets for Cam Johnson.
Porter and Johnson were each in trade rumors throughout the 2024-25 season.
Porter is signed through the 2026-27 season on his five-year, $179 million extension. Johnson is also signed through 2026-27 on a significantly lower cap number of $23 million next season compared to $38.3 million for Porter. Johnson signed a four-year, $94.5 million deal with the Nets in 2023.
With the trade, the Nuggets will create the ability to use most of their $14.1 million non-taxpayer midlevel exception. The move represents the first major transaction by Denver’s new front office of Ben Tenzer and Jon Wallace, who replaced Calvin Booth.