Report: Pelicans sign Antonio Reeves to 3-year, $5.41 million rookie contract

Former Kentucky guard Antonio Reeves signed his rookie contract with the Pelicans on Monday.

Former Kentucky guard Antonio Reeves, the 47th pick in the 2024 NBA draft, signed his rookie contract with the New Orleans Pelicans on Monday, the team announced.

The contract is reportedly worth $5.41 million over three years, according to Michael Scotto of HoopsHype. The Pelicans likely signed Reeves via the second-round pick exception, which was introduced in the new collective bargaining agreement last year.

Reeves was voted a third-team All-American last season after averaging 20.2 points, 4.2 rebounds and 1.6 assists as a fifth-year senior. He was one of three players to shoot at least 50% from the field, 44% from 3-point range and 86.3% from the free-throw line.

Reeves debuted with the Pelicans in the NBA Summer League this month, averaging 11.8 points, 2.4 rebounds, 1.6 assists and one steal on 32% shooting from 3-point range. He reached double figures three times, including 18 points on Saturday.

The 23-year-old had a strong showing and proved why the Pelicans selected him in the second round. He displayed his offensive versatility and defended at a high level by playing the passing lanes and bringing energy during his time on the court.

Reeves claimed the 14th spot on the roster by signing a standard contract with the team. He should have the opportunity to compete for a spot in the rotation in training camp.

[lawrence-auto-related count=3 tag=650261140]