Wood had a non-guaranteed $1,645,357 salary, of which $822,679 would have become guaranteed if he was on the opening-day roster. The Pelicans now have 13 players with fully guaranteed contracts and two others with non- or partial guarantees.
The Bucks waived Wood in March and the Pelicans claimed him. Wood saw spot duty in 13 games with Milwaukee. He played eight games with New Orleans, including two starts, and averaged 16.9 PPG and 7.9 RPG.