What happened: Free agent forward Trendon Watford has agreed to a one-year, $2.9 million contract with the New Orleans Pelicans, sources tell ESPN's Shams Charania. Watford considered multiple options before choosing New Orleans. He spent the past season in Philadelphia.

Why it matters: The Pelicans add a two-way forward late in the offseason as they round out the roster ahead of 2026-27. New Orleans has otherwise stayed mostly quiet on the transaction front this summer, making Watford's addition notable depth on a low-cost deal.

What to watch: Watford's role in New Orleans' rotation will come into focus once training camp opens for the 2026-27 season.