Meanwhile, Indiana gets a young big man in Sabonis to pair with emerging center Myles Turner, and the Pacers also receive a young shooting guard from Indiana University in Oladipo as a fixture in their backcourt for the next four seasons.
George has one year remaining on his contract and is set to become a free agent next summer when he declines his player option.
George played in 75 games for the Pacers last season, averaging 23.7 points per game.
Victor Oladipo and Domantas Sabonis are headed to IN in the deal, according to the reports. George now heads to the Western conference to play with Russell Westbrook, and the two of them should be a fun duo to watch. Earlier Friday, ESPN's Zach Lowe tweeted that Golden State and the former Finals MVP had no plans to meet concerning his free agency. Sabonis averaged 5.9 points and 3.6 rebounds in his rookie season with the Oklahoma City a year ago.
The Thunder were also bounced in the first round of the playoffs last season, and now with Westbrook and George they hope to go deep in the playoffs next season. It's not exactly the blockbuster haul for George, but the Pacers were at a disadvantage because George told the team he wasn't coming back after next season.
The 27-year-old forward's destination this summer has been subject of high speculation in recent weeks with teams like the Houston Rockets, Boston Celtics, Los Angeles Lakers, and San Antonio Spurs among the prospects.
In other National Basketball Association news approaching the start of free agency, Blake Griffin has canceled his meetings with the Phoenix Suns and Denver Nuggets and will reportedly return to the L.A. Clippers on a five-year max deal. The Timberwolves, according to multiple reports, reached a three-year deal worth $57 million with free agent point guard Jeff Teague, formerly of IN, to replace Rubio. Only time will show, and it's time for both the Pacers and George to move on.
What does the George trade mean for the Lakers?