NBA rumors: Bobby Portis will be free agent this offseason

Adrian Wojnarowski: Milwaukee Bucks F Bobby Portis is declining his $3.8M player option and will become a free agent, his agent Mark Bartelstein of @Priority Sports tells ESPN.

More on Bobby Portis Free Agency

Bobby Marks: Portis has non-bird rights in Milwaukee The most Milwaukee can offer is: 1. $4.3M (non-bird rights- 120% off his 2020-21 $) 2. $5.9M tax ML
The reigning champion Bucks are believed to have interest in re-signing versatile defender P.J. Tucker on a deal framework of two years, $20 million, sources said. There's also a belief that Bobby Portis and Milwaukee hope to strike a deal.
Jordan Treske: Watching Woj and Lowe. Couple of tidbits on Bucks as they closed out the show: - Portis is going to command a lot of money in free agency (no surprise)
Bobby Portis has a $3.8 million player option, and Bryn Forbes has a $2.4 million player option. Both of those guys exceeded those contracts exponentially, and they’re both expected to opt out. It looks to me, especially for a guy like Portis who played really well, it’s going to be tough for Milwaukee to keep him. It’s going to be interesting to see if Bobby, who is adored by fans in Milwaukee, is maybe willing to give the organization some type of a discount.
You signed a one-plus-one last offseason, so you have a player option this summer and you will be a coveted free agent. The Bucks will surely want you back. But what’s your approach right now? Bobby Portis: To be honest, I haven’t even thought about it yet. I woke up Sunday morning out of my bed … I didn’t go to sleep on Saturday night after we won the Eastern Conference … I woke up and I’m like, ‘Damn, I’m f------ really going to the NBA Finals.’ That’s been my whole mindset. We’re really in the Finals. Walking into the gym, seeing the Larry O’Brien trophy everywhere, that’s where my mind is right now. To complete the mission. I’m just a team guy trying to do everything I can to help the team win.
“I actually hit Giannis up and told him I can come help the team and I can help everyone out,” Portis told The Athletic recently. “He went to the boss (front office) and told him come and get me. It made it better, having a guy like that back me and having confidence in me every day. Just be myself — it makes it that much funner and that much easier for me to come play the game. The biggest thing with me this year is that I’m at peace with myself finally. I finally found myself in my career. The journey is what I appreciate the most about the NBA, man.
Bobby Portis’s short but productive career as a Milwaukee Buck is winding down. P.J. Tucker, whose career with the Bucks has been even shorter than Portis’ and certainly less productive, also appears to be approaching the finish line in Milwaukee. Messrs. Portis and Tucker will become free agents after this season and neither one, in the estimation of several NBA officials, figures to be donning a Bucks uni for the 2021-2022 season.
Portis has shot the ball extremely well this season: He connected on 52 percent of his shots, including 47.1 percent on 3-pointers. That ranked third in the league, trailing only Brooklyn’s Joe Harris (47.5 percent) and Marcus Morris (47.3 percent) of the Los Angeles Clippers. “He’s going to get a pay raise, for sure,’’ said an Eastern Conference official whose team will be in the market this summer for a stretch four like Portis. “I can see him doubling his salary. He could get up to $10M from a team that would give him a bigger role.’’
The Milwaukee Bucks have signed forward Torrey Craig, guard Bryn Forbes and forward Bobby Portis. “We’ve bolstered the depth of our roster with the additions of Torrey, Bryn and Bobby,” General Manager Jon Horst said. “Together they bring toughness, shooting and playoff experience to our team. We look forward to their continued development playing in Coach Bud’s system.”
Bobby Marks: Cap update on Milwaukee Part of the ML used on DJ Augustin Biannual on Bobby Portis $4M below the luxury tax $6M below the hard cap 11 players under contract
David Aldridge: Likely a two-year (1+1) deal for Bobby Portis in Milwaukee, with player option second year, likely to come in around $8M.
Steve Popper: Newsday has learned Knicks are waiving Elfrid Payton and Kenny Wooten and not picking up option on Bobby Portis. Also, no qualifying offer for Damyean Dotson, who is an unrestricted FA now. More decisions to come... The players who are waived today could be back - but on a lesser deal than what they were in line for.
The idea of taking a bad contract into cap space could be one of several avenues the Knicks are considering this offseason. Depending on what they decide to do with the contract options for Bobby Portis, Wayne Ellington, Taj Gibson and Reggie Bullock, New York could have more than $60 million in cap room in the offseason. The Knicks, who told teams recently they’d be open to taking on a bad contract, have not made decisions on any players with options yet.
There was no way Portis could live up to that money. But the 25-year-old put together some massive games — including single-handedly beating his former club, the Bulls, with 28 points in 30 minutes in a contest MSG Network replayed Tuesday night. Portis, quarantining in his home state of Arkansas, made $15 million this season and a $15.7 million team option exists for next season. “At the time of the signing it was a little high, but they got an option,’’ one NBA personnel director told The Post. “So to get that they had to pay the premium, but I can’t imagine they can keep him.”
“Bobby was really terrific the last month heading into the shutdown,’’ his agent, Mark Bartelstein, told The Post. “He was getting comfortable with the guys he was playing with. He was trending toward a great finish to the season. “I think there was an adjustment period with a new team, the coaching change. There were a lot of things happening at the same time and that accounted for some rough spots.’’
“We’re thrilled to welcome Wayne, Taj, Elfrid, Bobby and Julius to New York,” said Scott Perry, general manager, New York Knicks. “Collectively, we’re adding a mix of extremely talented and experienced multi-dimensional players who will improve our team as we continue building out a deep and versatile roster. These players are all tough-minded, motivated and ready to compete, and we’re excited to have them as part of the Knicks family.”
Fred Katz: Wizards have now officially rescinded Bobby Portis’ qualifying offer, per a source. He will sign with the Knicks as an unrestricted free agent July 6
Marc Berman: Bobby Portis is restricted free agent and Knicks are working things out with agent Mark Bartelstein and his new team, the Wizards. Was traded from Bulls to Wizards. RFA sign offer sheets that could be matched.
Mike Vorkunov: The Knicks have come to an agreement with Bobby Portis on a 2-year, $31 million deal, his agent, Mark Bartelstein confirms. Portis is a restricted free agent, but seems Portis and Wizards are working on getting his qualifying offer rescinded.
Adrian Wojnarowski: Free agent Bobby Portis has agreed to a two-year, $31M deal with the Knicks, agent Mark Bartelstein tells ESPN.
Alex Kennedy: Bobby Portis has received significant interest from the Jazz, Knicks and Clippers, source confirms. Also, the Wizards have shown interest in re-signing him. Last season, he averaged 14.2 points, 8.1 rebounds and 1.5 threes while shooting 44.4% from the field and 39.3% from three.
Chase Hughes: The Wizards have extended a qualifying offer to Bobby Portis, meaning he will be a restricted free agent on June 30, @NBCSWashington has learned.
Chase Hughes: Leonsis waiting until after free agency to name a long-term team president means that interim pres. Tommy Sheppard will make the call on their RFAs on June 30. That means Tomas Satoransky, Thomas Bryant and Bobby Portis.
Alex Kennedy: Bobby Portis told me he can imagine staying in CHI his whole career: "I love the city of Chicago. I'm a blue-collar player, it's a blue-collar city. Fans really support me. I just love being in Chicago, playing for the Bulls, throwing those 5 letters across my chest every night." pic.twitter.com/hFlj0MkQKW
KC Johnson: Mark Bartelstein spent hours at the Bulls' practice facility on Monday, trying to get a deal done in face-to-face negotiations with Bulls GM Gar Forman. "We had very positive talks," Bartelstein said. "These are hard extensions to get done."
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