The New Orleans Pelicans have waived forward Christian Shumate. The Pelicans had signed Shumate to an Exhibit 10 contract. Shumate is expected to join the Birmingham Squadron for the upcoming G League season. The Pelicans roster now stands at 18 players. New Orleans has Jaden Springer on an Exhibit 10 contract. It's unclear if Springer has made the opening night roster or not. … [Read more...] about Pelicans Waive Christian Shumate
Derik Queen Cleared To Resume Full Basketball Activities
New Orleans Pelicans rookie big man Derick Queen has been cleared to resume full basketball activities. Queen had surgery on July 18 to address a torn ligament in his left wrist. New Orleans traded back into the first round of the 2025 NBA Draft to select Queen with the 13th overall pick. Queen averaged 14 points, 11 rebounds and a block in three Summer League games before … [Read more...] about Derik Queen Cleared To Resume Full Basketball Activities
Pelicans Exercise 26-27 Team Options For Jordan Hawkins, Yves Missi
The New Orleans Pelicans have picked up the 2026-27 team options for guard Jordan Hawkins and center Yves Missi. These were the fourth-year option for Hawkins and the third-year option for Missi. Hawkins will be on the Pelicans books for just over $7 million for next season. Missi will be on the cap sheet for $3.5 million. NBA teams have until October 31 to exercise rookie … [Read more...] about Pelicans Exercise 26-27 Team Options For Jordan Hawkins, Yves Missi
NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
The average NBA team is now worth $5.51 billion, up 20 percent year-over-year and 113 percent since 2022, according to Sportico's calculations. The collective value of all 30 franchises reached $165 billion, driven by a landmark $76 billion media rights agreement and strategic arena investments. Rick Welts, newly appointed Dallas Mavericks CEO, called the current moment … [Read more...] about NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024
Kevon Looney Out At Least 2-3 Weeks With Left Knee Injury
Kevon Looney has been diagnosed with a proximal tibiofibular ligament sprain in his left knee. Looney will be re-evaluated in 2-3 weeks and further updates will be provided as appropriate. The injury occurred during the New Orleans Pelicans' preseason game against the South East Melbourne Phoenix on Oct. 5. Looney signed a two-year, $16 million contract with the Pelicans during … [Read more...] about Kevon Looney Out At Least 2-3 Weeks With Left Knee Injury