JULY 23: Reeves’ deal is official, according to the NBA’s transaction log.
JULY 22: The Pelicans and second-round pick Antonio Reeves have agreed on a three-year, $5.41MM contract, Michael Scotto of HoopsHype tweets. The third year is a team option.
New Orleans likely used the second-round pick exception to sign Reeves at the minimum-salary level. A three-year rookie minimum deal this season is worth $5,408,801.
Reeves averaged 11.8 points, 2.4 rebounds, 1.6 assists and 1.0 steals per game in five appearances for the Pelicans’ Summer League team in Las Vegas.
Reeves was the No. 47 overall pick and was dealt by Orlando to New Orleans in a draft-night trade. The Magic acquired second-round pick swaps in 2030 and 2031 in the deal.
Adding Reeves puts the Pelicans at 14 standard contracts if Matt Ryan, whose deal becomes guaranteed on opening night, is included in that total, Christian Clark of the New Orleans Times-Picayune tweets.
A Chicago native who spent his first three college seasons at Illinois State, Reeves transferred to Kentucky in 2022 and spent his final two seasons with the Wildcats.
Reeves could emerge as an offensive spark-plug. The 6’4″ guard had a very efficient offensive season in 2023/24, averaging 20.2 points and 4.2 rebounds on .512/.447/.863 shooting in 33 games (31.4 MPG).