The Pelicans have requested waivers on guard/forward Dalen Terry, the team announced on Friday (Twitter link via Will Guillory of The Athletic).
New Orleans just acquired Terry (and two second-round picks) on Thursday in the trade that sent Jose Alvarado to New York. The Knicks landed Terry in a separate deal with Chicago.
The 18th overall pick in the 2022 draft after two college seasons at Arizona, Terry never developed into a reliable rotation player in his three-and-a-half years with the Bulls. The 6’6″ wing has appeared in 34 games in 2025/26, averaging 3.5 points, 1.9 rebounds and 1.3 assists in 11.1 minutes per contest.
Assuming Terry goes unclaimed, which seems highly likely, the Pelicans will carry a dead-money cap hit of $5,399,118. They also opened a spot on their standard roster, and Guillory suggests the team plans to promote Bryce McGowens from his two-way contract.
Still just 23 years old, Terry could be a candidate to catch on with another team before the season ends. For what it’s worth, he would qualify for a two-way deal that covers the remainder of ’25/26 once he hits free agency and is eligible to sign with any team except the Knicks.

Found it weird when he entered draft, he wasn’t the top option at AZ. Should have stayed another year.
What would another year of college got him? He never even got half as good as Ayo Dosunmu who lasted til the 2nd round. He stunk when he was drafted and he stunk when he was traded. He made zero progress the whole time. Why wait when a sucker like AK is around? I don’t know this for a fact but there are deals made at the combine all the time where teams make promises to draft a guy if he’s still there when they draft. I know it sounds stupid and it is but it happens.
Does he go back to the Bulls?
Wash your mouth out with soap.
Billy Donovan and Bulls 1st rd pick #18 in 2022.
Just a few guys they passed up. LaRavia, Kessler. Jovic and Mobley any of whom would be welcome in a Bulls uniform right now.