As expected, Wizards match Nets' $106 million offer to Otto Porter

As expected, Wizards match Nets' $106 million offer to Otto Porter

The Nets and Porter reached an agreement Wednesday on an offer sheet that would pay Porter the maximum of $106 million over four years. With this contract, the Wizards will exceed the luxury tax line for the first time in franchise history. From there, the Wizards have another 48 hours to file the process to the league.

Harden also signed a 13-year, $200 million endorsement deal with adidas in 2015 that gives him an extra $15.4 million a year along with his salary. Essentially, the Nets are really trying to swindle the Wizards and hope they don't match this ridiculous offer to Porter.

The Houston Rockets have agreed to a contract extension with star guard James Harden that will make him the highest-paid player in National Basketball Association history, according to ESPN's Adrian Wojnarowski and Brian Windhorst. Despite these details, the Wizards held steadfast in their pledge to bring back the 24-year-old Porter.

Buhari is at diminishing return - Fayose
Fayose cautioned handlers of the education sector to live their words and put those concerned on the driver seat. "Many people in the country say something and do other things".

Porter got off to a slow start at the beginning of his career, but has shown enormous growth as a player the last two seasons.

Specifically,'s Bobby Marks noted the Wizards have $123 million and $121 million in guaranteed deals on the books for the next two seasons and that those numbers are "likely" to increase.

Otto Porter Jr. will not be wearing a different jersey next season. He averaged 13.4 points, 6.4 rebounds, 1.5 steals, and 1.9 3-pointers per game, which were all career highs. "I ain't paying for it".

Related News:

  • Evans has not vanished, still in our custody

    Evans has not vanished, still in our custody

    Evans is a broken man; police can't resort to extra-judicial killings at this point. The Police have made significant progress in the investigations of these crimes.

    Analysts See $0.78 EPS for Park Hotels & Resorts Inc (PK)

    Washington Trust Communication holds 0.04% of its portfolio in Gilead Sciences, Inc. 39,000 were accumulated by Hikari Pwr Ltd. UBS Oconnor LLC bought a new stake in shares of Playa Hotels & Resorts N.V. during the first quarter valued at about $800,000.

    Exact Sciences Corporation (EXAS) Raised to Buy at BidaskClub

    Based on a recent bid, the stock is trading -1.82% away from it's 52- week high and 54.29% away from its 52 week low. Jefferies maintained the stock with "Buy" rating in Tuesday, July 4 report. (NYSE:FLT) rating on Friday, March 18.
  • Iran Condemns Deadly Terrorist Attack in Egypt's Sinai

    Iran Condemns Deadly Terrorist Attack in Egypt's Sinai

    They three were buried on Thursday, their family members said, speaking on condition of anonymity for fear of reprisals. The Sinai attack came as the Islamic State group is fast losing its once vast territory in Syria and Iraq.
    NYPD officer dies after shooting, suspect killed

    NYPD officer dies after shooting, suspect killed

    Officials say before Alexander Bonds gunned down Officer Miosotis Familia he had psychiatric help at St. Cortes, an actor who is also an MTA police officer.

    Macquarie Reiterates "Outperform" Rating for Rio Tinto plc (RIO)

    The rating was upgraded by Goldman Sachs to "Neutral" on Monday, June 27. 3,578 are held by Concourse Capital Mgmt Ltd Com. The Company's geographic divisions include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
  • Mets place Nimmo on disabled list partially collapsed lung

    Mets place Nimmo on disabled list partially collapsed lung

    There's no exact timetable, but the optimistic viewpoint seems to be some time soon after the All-Star break. "It just happens. Conforto, the Mets' lone all-star representative, had been on the shelf with bruised left hand after being struck by a pitch.
    Omega Healthcare Investors, Inc

    Omega Healthcare Investors, Inc

    Also, it has an estimated price-earnings (P/E) multiple of 14.64 and a trailing 12-month price-earnings (P/E) multiple of 15.86. Several hedge funds have recently added to or reduced their stakes in OHI . 83 funds opened positions while 237 raised stakes.
    NSC says Pakistan has done a lot for global safety and security

    NSC says Pakistan has done a lot for global safety and security

    Zakaria said that amid the visit of the U.S. assignment headed by Senator John McCain, matters relating to Afghanistan were examined.
  • Another awkward handshake: Trump 'snubbed' by Poland's first lady

    Another awkward handshake: Trump 'snubbed' by Poland's first lady

    You wouldn't know that from the coverage. "I see nothing wrong with that statement ", said President Donald Trump . Trump is visiting several countries ahead of the G-20 summit in Hamburg, Germany , this week.
    See July's full moon on Sunday night

    See July's full moon on Sunday night

    Native Americans referred to it as the " Thunder Moon ", since thunderstorms are so prevalent in North America during July. Meanwhile, First Nations groups call it the Buck Moon as it's the time of year when the antlers on deer start to emerge.
    Arms supplier of 1993 Mumbai serial blast arrested from Bijnor

    Arms supplier of 1993 Mumbai serial blast arrested from Bijnor

    Currently, both the UP ATS and Gujarat police teams are interrogating Ahmed, he said. The accused was netted from Ahmed's home in Bijnore on Saturday morning.

Most liked

III Apparel Group, LTD. (GIII) Rating Lowered to Sell at BidaskClub
On average, equities analysts expect that G-III Apparel Group, LTD. will post $1.27 EPS for the current year. EBITDA margin is an indicator of a company's operating profitability as a percentage of its overall revenue.

Fire Intentionally Set at Dallas LGBT Community Center
Authorities have determined that an arsonist intentionally set fire to a black LGBTQ community center in Dallas . Dallas Fire-Rescue investigators asked anyone with information about the incident to call them at 214-670-4312.

Fiji qualify for Rugby World Cup 2019 after narrow win over Tonga
The Fijians, as the top-ranked Oceania side, will join Australia, Wales, Georgia and either Canada or Uruguay in Pool D in Japan. Leone Nakarawa's try and three Ben Volavola penalties in Nuku'alofa saw Fiji confirmed as the top Oceania qualifier.

NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Denver Investment Advisors LLC
The utilities provider reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.24. Liberty Global plc - Class C Ordinary Shares (NASDAQ:LBTYK) has declined 6.78% since July 7, 2016 and is downtrending.

The political minefield at Chelsea that may inspire Antonio Conte to quit
Diego Costa is prepared to stay with Chelsea - if manager Antonio Conte wants him. He's not had anyone yet coming in that he wanted during this transfer window.

UFC Statement on Amanda Nunes Cancellation; Fight Card Shuffled
The card is going to be headlined by a bout for the vacant UFC Interim Middleweight Title as Yoel Romero faces Robert Whittaker . They didn't seem to mind, as majority were particularly spirited at an appearance where fighters aren't always fully engaged.

Heidrick & Struggles International (HSII) Receives Coverage Optimism Rating of 0.05
Alambic Investment Management L.P. increased its position in Heidrick & Struggles International by 10.9% in the first quarter. Equities analysts predict that Heidrick & Struggles International, Inc. will post $1.06 EPS for the current fiscal year.

USA to test anti-missile system amid tensions
The department already had plans to place 40 interceptors at the Ground-based Midcourse Defense (GMD) battery by the end of 2017. THAAD is the same system the United States recently deployed in South Korea and is touted as "100 percent successful" so far.

Judge: Jury can consider lesser charge against ex-officer
Judge Holmes says the jury can convict on a manslaughter charge, which comes with a sentence of four years to life in prison. Today, Judge Sharon Holmes ruled that the jury could also consider the charge of first-degree manslaughter.

CNN In Twitter Cross-Hairs Of Another Trump
President Trump's feud with the network is so strong that he takes it overseas with him on official visits now, slamming CNN from afar.

GST effect: Chicken to cost Rs 87 per kg from Monday
There were some differences of opinion with the traders, but their initial decision was welcome. Meanwhile, All Kerala Chicken Dealers Association slammed Isaac's directive.

Brokerages Anticipate QUALCOMM Incorporated (QCOM) Will Announce Quarterly Sales of $5.27 Billion
The rating was maintained by Macquarie Research on Monday, June 12 with "Buy". (NYSE:TSN) on Thursday, March 16 to "Hold" rating. Investec Asset Management LTD increased its stake in QUALCOMM by 11.0% in the fourth quarter. 116,678 Tyson Foods, Inc.

Kames Capital Plc Significantly Raises Its Holdings in Domino's Pizza Inc (DPZ)
The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.10. Advisory Research Inc. bought a new stake in shares of Domino's Pizza during the fourth quarter valued at about $1,018,000.

In Volatile Markets Do Analysts Think You Should Buy Ashford Inc. (AINC)?
Next Financial Group Incorporated holds 0% or 269 shares. 127,774 are owned by Tiaa Cref Investment Management Limited Liability. James Investment Research Inc. raised its stake in shares of Ashford Hospitality Trust by 168.4% in the first quarter.

Jermain Defoe pays tribute to "best friend" Bradley Lowery
In a statement accompanied by a montage of pictures of the two, Defoe wrote: "Goodbye my friend, gonna miss you lots". Thank you everyone for all your support and kind words. 'Sleep tight little one.