Paul George has agreed to a four-year, $212million maximum contract with the Philadelphia 76ers.

The deal, which was reported Monday by Adrian Wojnarowski of ESPN, cannot be officially be signed until the NBA's moratorium on signings is lifted on Saturday.

George's move to Philadelphia was reported by multiple sources on Sunday after he informed the Los Angeles Clippers of his plans to leave the team after five seasons. The nine-time All-Star declined a $48.7 million player option for the 2024-25 season on Saturday.

The addition of George to a 76ers team which already includes 2022-23 NBA MVP Joel Embiid and fellow All-Star Tyrese Maxey, now makes Philadelphia a serious contender to compete with the reigning NBA champion Boston Celtics for Eastern Conference supremacy. The 76ers also reached a deal with Maxey on Monday, giving the sharpshooter a five-year, $204million maxim contract extension.

hiii sixers twitter, what's new?!

— Philadelphia 76ers (@sixers) July 1, 2024

Philadelphia has found post-season success to be elusive in recent seasons, as the 76ers have reached the play-offs in seven straight years but have failed to advance beyond the second round during that period.

Los Angeles, which had a Big Three of its own in George, Kawhi Leonard and James Harden, also has a history of setbacks in the play-offs, losing in the first round each of the past two years while missing the post-season entirely in 2021-22.

Acquired from Oklahoma City in July 2019, George frequently often battled injuries, though his 74 games played this past season were his most in any of his five seasons in Los Angeles. When healthy, however, George was one of the league's top scorers.

The 34-year-old averaged 23 points, six rebounds and 4.5 assists per game during his tenure with the Clippers while shooting just under 40 per cent from 3-point range.