As usual, it's Adrian Wojnarowski with the big breaking news.
For the Pacers, it's an unfortunate bit of news that suddenly changes their summer plans drastically.
The Lakers can sign George to a four-year max deal worth $130 million, which they plan to offer him.
As more teams express interest in acquiring George, the Pacers can just stand pat, watch a bidding war ensue and simply take the best offer if they do indeed decide to deal.
For the Lakers, the reaction was very different. George stated that he loves Magic but they have yet discussed the subject between each other. When George ends up in a Lakers uniform is still undetermined.
By his second season in the league, George saw his playing time jump, with his scoring following suit, ballooning to 12.1 points per game.
"I'm under contract as a Pacer", George said, via the IndyStar.
Draft night is routinely one of the busiest in the National Basketball Association, with teams scrambling to send in their picks and also negotiating potential swaps with their fellow squads.
The Pacers would likely want one of Los Angeles' younger players or one of their draft picks in return, but with George announcing his intention to leave next summer, they have little leverage in trade negotiations. The four-time NBA All-Star, who averaged 23.7 points per game last season, has repeatedly vowed his loyalty to the Pacers' organization.
Paul George: "I'm a Pacer". Maybe that wouldn't be enough to dethrone the Cleveland Cavaliers in the Eastern Conference or challenge the mighty Golden State Warriors, but it would give the Celtics a loaded starting five. Whatever happens, the offseason has already been insane, and the draft is still five days away. The Cavs need to maximize their window with James, who's still the NBA's best player at 32 years old.