The veterans minimum contract for Josh Smith, who formally signed with the Pelicans this afternoon after several days of waiting, will cost the team $13,156 per day, tweets Bobby Marks of ESPN. With a team salary slightly more than $122.7MM, New Orleans was roughly $1MM below the luxury tax before adding Smith. He is the latest veteran signing for a team that added Rajon Rondo and Tony Allen over the offseason, then reached a deal with Jameer Nelson after he was waived by the Nuggets.
“Being able to get this call, I feel like it was a second chance and a breath of fresh air,” Smith told Christian Boutwell of The Advocate. “I thank the New Orleans Pelicans organization for believing in me and giving me an opportunity to continue to do what I love to do.”
There’s more today out of New Orleans:
- The Pelicans’ complementary players have hampered the pairing of Anthony Davis and DeMarcus Cousins, writes Kevin O’Connor of The Ringer. Although both big men are able to initiate the offense from the perimeter, the talent around them don’t shoot well enough to provide spacing, O’Connor adds. Ian Clark is the team’s best career 3-point shooter at 37.2%, and E’Twaun Moore, Nelson and Jrue Holiday are the only others above 36%. Front office sources tell O’Connor they don’t expect any significant roster changes from the Pelicans for the rest of the season, unless they fall far out of playoff contention by the deadline. He notes that the chances of Cousins signing with the Lakers when he hits free agency next summer remain very real.
- The Pelicans will need a playoff appearance to improve their chances of keeping Cousins, suggests Sam Amick of USA Today. Cousins has spent eight seasons in the league without reaching the postseason and will be more inclined to look elsewhere if he misses for a second straight year in New Orleans. Amick writes that Cousins is currently the star player most likely to change teams next summer.
- Holiday had his best game of the season Thursday in sparking a comeback in Sacramento, boosting the team’s hopes that he can handle his new backcourt role, writes William Guillory of The Times-Picayune. New Orleans is counting on Holiday to take on more of the scoring load, and he delivered 20 points in the win over the Kings. “Jrue was incredible,” Cousins said. “We’ve been pushing him to just be an aggressive guard at all times. I feel like no guard in this league can guard him one-on-one. He came out and he was aggressive and made some huge plays for us.”