Nets Still Have Multiple Contract Extensions to Handle Before Start of Season

Much of the talking regarding the Brooklyn Nets has to do with Michael Porter Jr.'s contract extension, as both sides are working on a potential deal that could keep him with the team for the long-term. There's a chance to prolong the partnership, but failed negotiations should also draw trade interest.

This could go a bevy of ways, but Porter isn't the only extension the Nets have to worry about. Three players are either eligible or nearing eligibility for an extension:

Michael Porter Jr.

The 28-year-old is coming off a career year in which he averaged 24.2 points on 46-36-86 shooting splits. As All-Star voting came to a close, there was legitimate buzz for Porter to make the cut despite his team being nowhere near postseason contention. That speaks volumes about his impact.

If an extension is reached, the CBA would keep Porter from being traded for six months, which makes Aug. 11 a soft deadline if Brooklyn wants to explore a departure leading up to the Feb. 11 trade deadline.

Anything can happen in the waning hours of today, but it's looking as though Porter could either play out his $40.8 million without a clear future or his partnership with the Nets could extend years into the future. Either way, both sides have until June 30 to reach an agreement.

Terance Mann

Keith Smith of Spotrac listed Mann among 22 veterans who are extension eligible through Oct. 19. The 29-year-old will make $15.5 million this season and $16.0 million next year. Mann can't start negotiating a new deal until Oct. 1 because his Rookie Scale Extension was reached so close to the start of the 2023 regular season.

In his first season with the Nets, Mann averaged 7.2 points, 3.2 rebounds and 3.0 assists on 46-36-79 shooting splits. The 6-foot-6 shooting guard was a solid role player on the surface, but he hasn't been worth that amount of money thus far, and the young guard core should argue for more minutes based on both production and potential.

If Brooklyn plays out the final two seasons of Mann's contract, he'll remain a Net through 2027-28. There's room for him to remain with the organization as a veteran leader, but his future will likely be determined based on this upcoming season.

Noah Clowney

Then there's Clowney, who is eligible for a Rookie Scale Extension through Oct. 19. The 22-year-old put up 12.3 points, 4.1 rebounds and 1.6 assists per game last season, but did so on sub-40% shooting from the field and 32.9% from three-point range.

If Brooklyn and Clowney can't reach an agreement before the start of the regular season, he will enter restricted free agency in 2027. That market hasn't proved to be too detrimental to the organization over the last few years, and while the Los Angeles Lakers managed to pry Walker Kessler from the Utah Jazz this summer, it came at a hefty price, both in the form of his contract and outgoing picks.

The Nets have an abundance of youth, and while Clowney is a part of that, there's a lot of flexibility here. If they aren't keen on an extension pre-Oct. 19, they should be able to retain him in free agency due to an immense amount of money with so many cheap or short-term deals.

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