The match, held on the weekend of the All-Stars Game, will have rookies and second-year players from the U.S. play against a roster of international players.
Karl-Anthony Towns of the Minnesota Timberwolves and Porzingis, believed to be the leading candidates for the award this season, will play on opposite teams in the match.
Porzingis was a candidate for the All-Stars match up but fell about 100,000 votes short to participate in the Eastern Conference roster.
However there's still a chance that Porziņģis will be named as a substitute for the All-Stars game when the bench players are picked on Thursday.