It is currently the offseason in the NBA. Deals are getting done. Players are getting traded. Recent draft picks are signing their contracts. One NBA veteran is looking for a contract of his own. Paul George recently opted out of his contract next year with the Oklahoma Thunder. He is said to be seriously considering resigning with the Thunder or the Lakers. Basketball player Paul George’s net worth currently sits at $25 million.
Paul George has played eight seasons in the NBA. His most recent season was spent with the Oklahoma City Thunder. This was after spending the first seven years of his professional career in Indiana.
A 2010 first round draft pick out of Fresno State, Paul George has been a consistent performer year in and year out in the basketball world. Over the past three seasons, George has performed at the highest level of his career.
Paul George has averaged over 21 points per game in each of his past three seasons. It is because of his top play that he is expected to sign a large contract in the very near future. George was scheduled to make over $20 million for next season; however, by declining the option he will be entitled to much more.
Experts are predicting one of two things to happen with Paul George next year. Either he will resign with the Thunder, or he will sign with the Lakers. If he does decide to resign with the Thunder, he will be eligible for a contract potentially worth over $175 million. If he elects to go with the Lakers, his contract won’t be valued as high. However, signing with the Lakers might give him a better chance to win a championship.
Regardless of his decision, expect basketball player Paul George’s net worth to increase dramatically over the next few years. Through his eight NBA seasons thus far, George has earned over $80 million in earnings. A decision to stay with the Thunder over the next five years will push that amount in excess of a quarter of a billion dollars!
Although Paul George has been in the sports headlines recently, many are focused on what LeBron James is going to do. This could also potentially impact Paul George’s decision. Vegas odds believe that LeBron will sign with the Lakers, a move that might eliminate George from signing. This is because the Lakers are in talks to potentially acquire Kawhi Leonard from the Spurs. The Lakers won’t be able to afford all three, Lebron, Kawhi and Paul.
The coming days and weeks will be very interesting to watch in terms of Paul George. One thing is for certain. Basketball player Paul George’s net worth will be skyrocketing in the years to come.
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.