6:37pm: The acquisition of Ryan is now official, per a Pelicans tweet.
Ryan, who went undrafted out of Chattanooga in 2020, split his 2022/23 season between the Lakers and Timberwolves. The 26-year-old managed to secure a standard roster spot to start the year with the Lakers, but was cut after appearing in just 12 contests with the club.
Ryan quickly agreed to a two-way deal with Minnesota, but played sparingly for the Timberwolves as well. At the NBA level last year, he averaged 3.6 PPG on . 370/.381/.833 shooting splits, 0.8 RPG and 0.5 APG in 34 total games.
Minnesota issued a two-way qualifying offer to Ryan in June, making him a restricted free agent, and he eventually signed that QO. However, he didn’t claim a regular season roster spot and was waived by the Wolves on Friday.
The Pelicans will take on Ryan’s one-year, two-way contract, and won’t have to make a corresponding roster move, since they had an open two-way slot. Ryan joins Dereon Seabron and Kaiser Gates as New Orleans’ two-way players.
Read More: Pelicans Claim Matt Ryan Off Waivers 2023-10-23 00:37:00