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Pelicans Sign Archie Goodwin, Cut Lance Stephenson

NOVEMBER 7:

12:50pm: The Pelicans have announced their deal with Goodwin, signing him using their newly-opened 15th roster spot. Per Scott Kushner of The Advocate (via Twitter), it’ll be a two-year contract that won’t be guaranteed in the second year.

11:49am: The Pelicans have officially waived Stephenson, the team announced today in a press release. A report this morning suggested the team will be open to re-signing him when he gets healthy. Meanwhile, Goodwin’s signing has yet to be confirmed, but it’s expected to happen soon.

NOVEMBER 6:

7:53pm: The Pelicans are finalizing a deal with Goodwin, tweets Shams Charania of The Vertical, and the contract will be for two seasons (Twitter link). Stephenson will be waived to create the roster opening (Twitter link).

7:33pm: The Pelicans have interest in adding former Suns guard Archie Goodwin, tweets Marc Stein of ESPN.com. Stein describes Goodwin, who was waived by Phoenix last month, as a “likely potential signee.”

New Orleans lost Lance Stephenson Saturday night to a groin injury that is expected to require surgery. Doctors project his recovery time at several weeks. The Pelicans are already missing Tyreke Evans and Quincy Pondexter, who both have knee issues, along with Jrue Holiday, who is on a leave of absence to care for his ailing wife.

New Orleans could apply to the league for a hardship waiver to add a 16th player to its roster. A more likely option, tweets Scott Kushner of The Advocate, is simply to waive Stephenson, who only has a $100K guarantee on his minimum-salary contract. However, the Pelicans would be required to pay Stephenson’s full salary until he recovers from the injury.

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8 thoughts on “Pelicans Sign Archie Goodwin, Cut Lance Stephenson

  1. rxbrgr

    I don’t get the reasoning to release Lance then, especially with the hardship available and being required to pay Stephenson’s salary anyway…

    • masonmcg12

      They only owe Stephenson 100k of his contact

  2. PeeWeeHerron618

    They did Lance dirty smh, hell if anything they need him

    • mikey

      Ya got to feel bad. Only a couple of seasons ago when he was considered a top 5 SG. One of the better Lebron defenders. Now he can even stay in a team.

      • mikey

        Can’t*

  3. They wrong for that , crazy pelicans organization will never win ever as long as dell Demp is the GM

  4. cba93

    That’s what you get when you don’t play the right way and have a bad attitude

  5. MiggyCabby24

    This is nothing new. The Heat waived Beno Udrih when he tore up his knee last season, and The Grizzlies did the same to Mario Chalmers when he ruptured his achilles. Lance had a once promising future, and though he’s only 27, you have to wonder if a team will give him another chance.

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