Report: Chris Paul Gives Clippers Verbal Agreement He Will Opt Out, Re-sign

Chris Paul will reportedly remain with the Clippers beyond this season.

Paul will opt out of the final year of his contract and re-sign with a long-term extension, according to Steve Kyler of Basketball Insiders.

The nine-time All-Star is scheduled to make over $24 million in 2017-18, but he has the ability to exercise an early-termination option.

Paul has not played since January 16, when he sustained a torn ligament in his left thumb.

He is expected to return in a couple of weeks.

Over 36 games, he is averaging 17.5 points, 9.7 assists, 5.3 rebounds and 2.2 steals.

Blake Griffin also has the power to terminate his contract early and become a free agent.

J.J. Redick will be an unrestricted free agent.

The Clippers (35-21) are currently in fourth place in the Western Conference.

The Warriors host the Clips on Thursday night.

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