The Kings met with Washington Wizards restricted free agent Otto Porter on Sunday and offered him a four-year deal worth approximately $100 million, league sources confirmed to The Bee.
That is the maximum the Kings could offer Porter in an offer sheet. If Porter signs the offer sheet prior to July 6, the Wizards would have until 11:59 p.m. EST on July 8 to match the offer.
A signed offer sheet would put $24.8 million of the Kings’ more than $52 million available under the salary cap on hold until the Wizards decide whether to match the offer.
Reports from Washington have been that the Wizards would match any offer for Porter, even though a max offer would make him the team’s highest-paid player ahead of All-Star John Wall and emerging star Bradley Beal.
The Kings, however, have the flexibility to wait out a decision, provided they do not look to make another big splash.
When the Kings officially sign Bogdan Bogdanovic, his first-year salary will count $8.4 million against the cap. So even with the hold on Porter’s potential salary, the Kings still have more than $18 million to address depth at point guard and power forward.
Porter, the third overall pick in the 2013 NBA Draft, fits many of the criteria the Kings are looking for in a veteran to add to their young core.
Porter is young (24) and has good size at 6-foot-8, and he’s coming off his best season in which he posted career highs with 13.4 points, 6.4 rebounds and shot 51.6 percent from the field, including 43.4 percent from 3-point range.
Even though Porter is going into just his fifth season, he’s more experienced than the majority of the Kings roster, which is set to begin the season with nine players in their first or second seasons.
Porter is the latest player the Kings have reached out to in search of a new, experienced, small forward.
The Kings have already seen two of their small forward targets agree to deals with other teams. Andre Iguodala agreed to return to Golden State and P.J. Tucker agreed to a deal with the Houston Rockets.
The Kings covet a veteran at small forward because, as of now, they’d either be going small with a a guard there or relying on rookie Justin Jackson.
Rudy Gay, who began last season as the starter before his season ended with an Achilles injury in January, is a free agent and his return to the Kings is unlikely at best.