Michael Porter Jr. Net Worth 2024

Born on June 29, 1998, in Columbia, Missouri, United States, Michael Lamar Porter Jr. is an American professional basketball player. He joined the National Basketball Association in 2018 when the Denver Nuggets drafted him with the 14th overall pick. He plays as a small forward in the same team (Denver Nuggets).

Michael played basketball for Father Tolton Regional Catholic High School in his hometown (Columbia). Later, in his senior year, he was transferred to Nathan Hale High School in Seattle, Washington. During his senior year, he guided his high school team in winning the Washington Class 3A State Championship.

Michael attended the University of Missouri in 2017 and started playing college basketball. He missed many games of the 2017-18 season due to a major lower back injury. After treatment, Michael returned to the court on March 8, 2018, and participated in the SEC and 2018 NCAA Division I men’s basketball tournaments. On March 27, he decided to leave college and declared for the 2018 NBA draft.

How Much is Michael Porter’s Net Worth in 2024?

As per the latest reports, the net worth of Michael Porter is estimated to be around $30 million. This is due to his lucrative contract with the Denver Nuggets, which he signed in 2018, and endorsement deals with some brands like Puma.

In 2021, Michael signed a five-year contract extension worth around $179 million with the Denver Nuggets, which makes him one of the highest-paid players in the league.

Michael Porter Salary

Michael Porter signed a five-year contract extension worth $179,299,750 with the Denver Nuggets in 2021. This agreement has guaranteed him an annual average salary of $35,859,950 with a base salary of $33,386,850 for the 2023/24 season.

Michael was selected as the 14th overall pick by the Denver Nuggets in the 2018 NBA draft. In 2018, he signed his first multi-year contract worth around $15,093,095 with an annual average salary of $3,773,274 with the Denver Nuggets.

Michael Porter Endorsements

Michael Porter Jr signed a multi-year endorsement deal with Puma in 2018.

Along with him, Puma endorsed many other players, including DeAndre Ayton, Marvin Bagley, and Zhaire Smith. The brand released many signature shoes for these players, like the Puma Clyde Court. However, his earnings from brand endorsements are unknown to the general public.

Michael Porter Investments

There is not much information available about the investments made by Michael Porter. But, as per some online sources, it is claimed that Michael owns no real estate property and lives with his family.

Additionally, he has invested some of his earnings in cars. He gifted a Tesla Model Y to his dad and surprised his mother with a new car on Christmas. The Tesla cost him around $40,000. He posted these moments on his official Instagram page.

Michael Porter Charity Work

Michael Porter has made a significant contribution to the world of charity. He founded a non-profit organization in Columbia, Missouri, to assist the impoverished youth. According to some online platforms, Michael Porter donated money to treat a girl with cancer in Columbia.

Michael Porter House

Born on June 29, 1998, Michael Porter grew up in Columbia, Missouri, United States. He spent much of his youth in his hometown. As per the reports, he has not purchased any new house yet and currently lives with his family in Denver, Columbia.

He prefers to keep his personal life private and does not share any information on any social media platform. No information is available about the exact location and structure of his house.

Michael Porter Cars

When it comes to cars, Michael may not have the most luxurious car collection. He gifted a Tesla Model Y to his father for Christmas in 2020, which he purchased for $40,000. Some reports also revealed that his mother, Lisa, also received a car as a gift, but the car model is yet a mystery. Moreover, he owns a Range Rover, which he drives regularly.