The person requested anonymity because the deal hadn't been publicly announced.
For weeks, George's fate was up for speculation, after he said he would become a free agent next offseason and wanted to join the Los Angeles Lakers, being that he's from Southern California. That gave the Pacers something for losing George, when they would have received nothing had he stayed through next season and played out his contract.
Cleveland and Boston were among the clubs making pitches to try and land George, but the Pacers reportedly did not want to deal him to another Eastern Conference club.
As was reported by USA TODAY Sports recently, George will also keep an open mind about the possibility of re-signing with the Thunder following this upcoming season.
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 spent the first seven seasons of his National Basketball Association career with the Pacers.
The 6-foot-9 small forward from Palmdale stated, many times, that he would like to play for the Los Angeles Lakers in his career.
Instead, one year after they lost Kevin Durant in free agency to the Golden State Warriors, they are able to get some retribution with this trade.
The Clippers saw star point guard Chris Paul leave Wednesday for the Houston Rockets after opting out of his contract, joining star guard James Harden to form one of the most formidable backcourts in the league. Second, they are about to be hit with a big offer for restricted free agent forward Joe Ingles. Minnesota had already added swingman Jimmy Butler in a trade with Chicago.