TUESDAY, 7:18am: The move was a waiver claim, not a signing, as Eric Pincus of Basketball Insiders (Twitter link) and the RealGM transactions log show, so Smith is on a one-year, non-guaranteed, minimum salary contract.
6:02pm: New Orleans announced that it has signed Smith, and doesn’t say anything about a waiver claim. Either way, Smith is with the Pelicans now, though the terms of his contract could be different if the team signed him rather than claiming him.
MONDAY, 4:10pm: The Pelicans have claimed Ish Smith off waivers from the Wizards, reports Shams Charania of Yahoo Sports (Twitter link). That means the Sixers took a pass on claiming him, a move Philadelphia was reportedly considering. New Orleans inherits the one-year deal that’s for the minimum salary without guaranteed money that Smith signed before the start of camp with the Wizards.
Smith was waived Saturday by the Wizards, along with four other players. He spent much of the first half of last season with the Thunder, but he looked especially strong as he played 25 games down the stretch with the Sixers, averaging 12.1 points, 6.1 assists and 2.8 turnovers in 27.1 minutes per contest. In five preseason games with the Wizards, his averages were 2.2 points, 4.0 assists and 1.0 turnover in 11.5 minutes.
The signing brings the Pelicans up to the roster limit of 15. Smith gives the Pelicans some added depth at point guard with Norris Cole on the club’s inactive list, according to the opening-night rosters released by the league on Monday night. Cole suffered a high ankle sprain during training camp and could be out several more weeks.