New Orleans Pelicans Still Need to Clear Cap Space to Finalize Bennedict Mathurin Signing

The New Orleans Pelicans have an agreement in place to sign Bennedict Mathurin to a two-year, $16 million contract, but the deal remains unfinalized due to the team's salary-cap situation. The Pelicans need to make a cost-cutting move to get below the first tax apron, with September 8th noted as a key date for a potential corresponding transaction.