Six-time all-star striker Paul George has signed a maximum contract extension with the LA Clippers that will guarantee him up to $ 226 million over the next five years, CAA Sports agent Aaron Mintz told ESPN.
The Clippers are extending George's contract for an additional four years to $ 190 million on top of the $ 35.4 million he was guaranteed for the 2020-21 season.
George had a player option for the 2021-22 season, which will be replaced by the four-year extension that includes a new player option for the 2024-25 season, Mintz said.
Contract numbers are likely to be impacted by lower annual percentage increases in the salary cap due to significant losses in league revenue. George is entitled to 35% of the Clippers total wage cap.
This extension is related to the $ 137 million four-year contract that George signed with the Oklahoma City Thunder in 2018. In total, George will have converted that Thunder contract and contract into a total of seven years and $ 290 million.
Determined to return to his southern California roots, 30-year-old George is now contracted throughout his career with the Clippers.
The expansion solidifies one of the cornerstones of the Clippers in the long run, a franchise priority after giving Oklahoma City a huge package of players and draft picks to acquire George at the start of the free agency in 2019, a catalyst for Kawhi Leonard to become to sign a free agent deal with the Clippers and create a tandem that is expected to compete for NBA championships.
The next step in securing the future of the franchise will be to re-sign Leonard, who could become a free agent after this season.
George was the first-team All-NBA player for the Thunder in 2018-19 and was elected to the All-NBA third-team four times. He was all-defensive first or second team four times.
He made a remarkable comeback after a devastating leg injury with Team USA in the summer of 2014. After missing most of the 2014-15 season, George overcame uncertainty about whether he would ever be an elite player in the NBA again.
In 10 NBA seasons with the Indiana Pacers, Thunder and Clippers, George has averaged 20.0 points, 6.4 rebounds, 3.4 assists and 1.7 steals per game.