Paul George Signs Extension with OKC

After weeks of speculation about Paul George potentially joining LeBron James in Los Angeles, reports have surfaced that George will re-sign with the Oklahoma City Thunder (4yr, 137 million).

Paul George was traded to the Thunder at this time last year for Victor Oladipo and Domatas Sabonis, and from the day that George became a Thunder until now, GM Sam Presti has been pitching George to stay in Oklahoma City. George averaged 22 points a game for the Thunder this season, and despite a first round exit to Utah, it looks like he will return to OKC.

This comes as a surprise to me. After losing in 6 games to a rookie-led Utah Jazz, it seemed certain that George was going to depart OKC. And, George is from the Los Angeles area and has stated multiple times that he’d like to play for the Lakers at some point in his career. With the Lakers having the opportunity to acquire LeBron James and Kawhi Leonard, it seemed like this offseason was the perfect time for PG to take his talents to LA.

This is a big win for the Thunder and a big loss for the Lakers. If the Lakers don’t acquire another star before LeBron’s decision, he could end up signing back with Cleveland on a short-term deal, just like Kevin Durant did tonight.

The terms of the contract have not been publicized (EDIT: 4 YEARS, 137 MILLION). But, assuming it’s higher than his 29.2 million dollar player option, the Thunder are approaching the Luxury Tax and won’t have much flexibility for the rest of free agency.

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