Paul George Current Contract with the Oklahoma City Thunder
Paul George signed a four-year, $190 million maximum contract extension with the Oklahoma City Thunder on July 6, 2024, keeping him under contract through the 2028-29 season. The deal carries a player option for the final year and is fully guaranteed, making him one of the highest-paid players in the NBA. The extension was reported by ESPN and confirmed by the Thunder front office, reflecting his status as a cornerstone of the team's rebuild.
The annual salary for George under the current terms is approximately $47.6 million for the 2024-25 season, with incremental raises tied to the league's salary cap. This places him among the top earners in the league, comparable to other max-level stars. The contract structure allows the Thunder flexibility to build around him while maintaining financial compliance with the NBA's collective bargaining agreement.
Previous Contracts with the Los Angeles Clippers
Paul George joined the Los Angeles Clippers in 2019 on a four-year, $137 million contract extension, which was the largest deal in franchise history at the time. The agreement was structured to include a player option for the final year and was designed to keep him in Los Angeles through the 2023-24 season. The extension was widely covered by sports financial outlets as a major commitment by the Clippers to their star wing.
Before the extension, George was traded from the Indiana Pacers to the Clippers in a blockbuster deal in July 2019, which involved the acquisition of Shai Gilgeous-Alexander and several draft picks. His salary for the first season with the Clippers was $33 million, rising to approximately $35 million in the final year of his initial extension. The Clippers' investment in George was a key part of their strategy to build a competitive roster around Kawhi Leonard.
Paul George Contract History and Early Career
Paul George was drafted by the Indiana Pacers with the 10th overall pick in the 2010 NBA Draft and signed his rookie-scale contract shortly after. He quickly became a key contributor and earned his first All-Star selection in 2013, which led to a significant salary increase under the NBA's rookie scale and max contract rules. His early career earnings were modest compared to his later max deals, but he established himself as an elite two-way player.
George's first major contract extension came in 2014, when he signed a five-year, $90 million deal with the Pacers, which was a max-level offer. The contract was a reflection of his rapid ascent and All-NBA performances, including a second-place finish in Defensive Player of the Year voting. He played under this deal until the 2018-19 season, when he was traded to the Clippers, marking a pivotal shift in his career and contract trajectory. For more details on NBA contract structures, see the NBA's official collective bargaining agreement overview.