The deal includes a player option on the fourth year, the sources said.
Without taking any free-agency meetings, George made the announcement that he is staying with the Thunder at a house party in Oklahoma City hosted by Russell Westbrook, sources at the party confirmed.
Paul George looked destined for the Lakers a year ago. Now he’s a core member of a new Thunder legacy.
So that was the case. That’s been the case here, he said. They honestly check the boxes where I needed those boxes to be checked from what a player wants and needs out of a front office, out of a medical group, out of teammates, out of coaching staff. I mean, honestly, they can’t say it anymore [than] that. They checked the boxes on what needs to be checked.
After acquiring Carmelo Anthony in September, the Thunder appeared to have formed a superteam with the then-reigning MVP. However, the season didn’t go as planned, with a bumpy start finally smoothed out by January before an injury to starting shooting guard Andre Roberson derailed it again. The Thunder recovered to finish with 48 wins and the Western Conference’s 4-seed, but they went out in six games to the Jazz in the first round. In George’s final game, one in which Westbrook scored 46 points on 43 shots, he finished with just five points on 2-of-16 shooting.
Here they have made a huge risk in trading for me, knowing I have one year on my deal, George said in part one of SportsCenter’s behind-the-scenes look at his free agency. But I felt I didn’t finish as strong as I could have. Just knowing you left something on the table, even to this point now, it weighs on me.
George, a five-time All-Star, hit unrestricted free agency for the first time in his career after declining his player option last Thursday.
With George re-signed and Carmelo Anthony under contract for next season, the Thunder are headed for a monumental payroll and luxury-tax bill, something ownership is prepared to pay. The Thunder could take measures to reduce their financial stress by using the stretch provision to waive Anthony or negotiating a buyout or trade (Anthony has a no-trade clause, though). The Thunder also are interested in re-signing forward Jerami Grant.