However, Anthony's stint in Oklahoma City may not last long, and rumors are now circulating that the Thunder may consider buying out his contract or trading him to another team.
George made his announcement on stage at Russell Westbrook's house party, alerting the crowd that he would be staying in OKC for a long time. James agreed to a four-year deal worth $154 million, meaning his streak of eight consecutive Eastern Conference championships - four with Miami, four with the Cavs - will end next year.
Per ESPN's Adrian Wojnarowski, George will re-sign with the team on a four-year, $137 million deal.
Paul George said Saturday night, June 30, he is planning on remaining with the Oklahoma City Thunder, just two days after announcing he was becoming a free agent, ESPN reported on Saturday night. He didn't disappoint in Miami either, winning titles in the 2012 and 2013 seasons, but losing to seasoned Dallas and San Antonio teams in 2011 and '14, respectively.
Could Avery Bradley be the new OKC Thunder two-way guard this National Basketball Association free agency period? All those questions - mostly variations of "how will this work?" - got answered when the Thunder went 40-22 in the final 62 games of the regular season, George got his numbers (nearly 22 points per game) and Westbrook got his again as well (averaging a triple-double).
Slain journalist to be honoured at memorial
Ramos has been charged with five counts of first-degree murder in one of the deadliest attacks on journalists in USA history. He barricaded the rear exit of the building to prevent people from escaping, the Anne Arundel County state's attorney says.
The Los Angeles Lakers have a new superstar. But how about three years from now?
Durant, Paul and George all knew what they were going to do even before the NBA's moratorium - and the start of free agency - officially kicked in at 12:01 a.m. EDT on Sunday. Maxing out George will push the Thunder far over the luxury-tax line if they re-sign key reserve Jerami Grant. Add in the rights to the three players Oklahoma City landed in the second round of the NBA Draft (Hamidou Diallo, Kevin Hervey and Devon Hall) and a player on a minimum contract, and the Thunder would be looking at a total payroll of about $151 million.
There are many reasons why George committed a grave mistake by choosing to stay with the Thunder.
While most of today's Los Angeles Lakers rumors have involved LeBron James, another free agent the team may be targeting is DeMarcus Cousins. While there was a ton of speculation about George heading home to play for the Los Angeles Lakers, Magic Johnson and company dodged a bullet by not bringing PG to LA.
Philadelphia has been one of the teams often mentioned as a club that would pursue James this summer, and that still may be the case.