Norris Cole: Signs One-Year Deal With Pelicans

Cole has signed a one-year qualifying offer with the Pelicans, Marc J. Spears of Yahoo! Sports reports.

Analysis:

Cole is on track to make $3.03 million this coming year but will be an unrestricted free agent following the completion of the 2015-16 campaign. He's in store for reserve minutes off the bench yet again this season behind Jrue Holiday and Tyreke Evans, which makes him a borderline pick in standard leagues.