Cole, 28, appeared in 13 games with the Thunder last season after finally landing an NBA job in March. He averaged 3.3 PPG and 1.1 APG in 9.6 MPG and shot just 30.8% from the field. The previous season, he started 23 of 45 games with the Pelicans and averaged a career-high 10.6 PPG and 3.7 APG in 26.6 MPG. He spent his first 3 1/2 seasons with the Heat.
According to earlier tweet from Pick, the contract is worth $700K.
Cole didn’t generate much buzz on the free agent market, though he did work out with the Hornets last month.