The Pelicans are re-signing Matt Ryan on a restructured one-year contract, Shams Charania of The Athletic tweets.
Ryan was waived on Friday.
Ryan, 27, appeared in 28 video games for New Orleans in 2023/24, averaging 5.4 factors and 1.4 rebounds whereas taking pictures 45.1% from three-point vary in 13.9 minutes per contest. He missed a number of weeks of motion final season on account of a proper calf pressure and a proper elbow harm, which required surgical procedure in December.
New Orleans claimed Ryan off waivers final October, inheriting the two-way contract he signed with Minnesota shortly earlier than the beginning of coaching camp. He additionally had temporary stints with the Celtics and Lakers earlier in his profession.
The Pelicans transformed Ryan to an ordinary contract on the very finish of final season, making him playoff-eligible. Nevertheless, his three-year deal — which featured a important end-of-season payday in ’23/24 — was non-guaranteed for the ’24/25 and ’25/26 seasons. Ryan’s wage for ’24/25 would have develop into assured if he had remained beneath contract by means of the beginning of the common season.
It’s doable the brand new contract is just partially assured, giving the membership extra flexibility. Ryan’s earlier contract for the upcoming season was a minimal wage deal.
The Pelicans now have 15 gamers on customary contracts, with 13 gamers on assured salaries.
