Stephenson agreed to a deal with the Pelicans on Friday, Shams Charania of The Vertical reports.
Stephenson is coming off a stretch with the Grizzlies where he averaged 14.2 points, 4.4 rebounds and 2.2 assists over 26.6 minutes per game, but had little luck on the free agent market this offseason after Memphis declined his team option. The Pelicans are currently fairly crowded on the wing, so unless injuries impact New Orleans, which would be nothing new for this team, Lance Stephenson's impact will likely be limited in 2016-17.
After averaging just 16 minutes with the Clippers for the first half of the 2015-16 season, Stephenson saw a vastly increased role in his final 25 games after being traded to the Grizzlies, posting averages of 14.2 points, 4.4 rebounds and 2.8 assists over 27 minutes. Despite seeing improvements while playing with the Grizzlies, they've opted to let him go, but there's still interest between the two sides to reach a mutually beneficial deal once unrestricted free agency begins. However, if Stephenson sees a higher contract offer elsewhere, he very well could bolt for the better deal.
Lance Stephenson led Memphis with 26 points (11-19 FG, 4-5 FT) while adding three assists and a rebound in 35 minutes during Sunday's series finale versus the Spurs.
Born Ready brought his best effort as Memphis scrapped to stay alive in the postseason, equaling his scoring production from the previous three games combined. Despite Stephenson's performance Sunday, he was ineffective in many areas for the majority of the series and averaged just 1.8 assists and 1.5 rebounds while adding one steal and no blocks. He is under contract for one more season in Memphis, and it will be interesting to see how his role shakes out next season when Memphis' starters are all healthy.
Lance Stephenson compiled 14 points (6-11 FG, 2-4 3Pt), two rebounds, two assists, and one steal in 29 minutes during the Memphis Grizzlies ' 106-74 loss to the Spurs on Sunday.
Stephenson was named as the X-factor by Grizzlies' coach Dave Joerger during the weekend, and that translated into a team-high 29 minutes on Sunday. With Tony Allen (hamstring) ailing, Vince Carter drew the start at the two, but the aging veteran played just 19 minutes. Carter did score a team-high 16 points, but Stephenson is easily the team's most capable two-way shooting guard. As a result, he seems likely to play fairly heavy minutes over the course of this series.
Lance Stephenson managed 22 points (8-14 FG, 3-3 3Pt, 3-3 FT), four assists, two rebounds and two steals over 35 minutes in Wednesday's season-ending 125-104 loss to the Warriors.
The 25-year-old swingman closed out the season in fine form, eclipsing the 20-point mark for the third time in a Memphis Grizzlies uniform. Stephenson seemed to relish the opportunity he received after being acquired by Memphis at the trade deadline, averaging 14.2 points, 4.4 rebounds, 2.8 assists, 0.7 blocks and 0.2 steals across 26.6 minutes over his 26-game stint with the team. With the Grizzlies missing key offensive pieces Mike Conley (Achilles) and Marc Gasol (foot) for the postseason, Stephenson appears primed for a key role on offense in support of Zach Randolph.
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