The New Orleans Pelicans landed a steal in free agency Friday, landing guard E'Twaun Moore on a four-year, $34 million deal, his agent told CSN Chicago. The move seems like a small one, but Moore established himself last year as a versatile defender who grew in his on-ball offense while sharpening hist 3-point attack.

In New Orleans, he gives the Pelicans a versatile two-way player to bring off the bench if they retain Tyreke Evans or start if they decide to trade him. Moore should thrive in Alvin Gentry's system, providing a defensive upgrade on the perimeter that was crucial for New Orleans in this offseason and a better perimeter shooter. Moore is a grinder who has dug himself up from the ground to be an NBA player.

At less than $9 million per season, Moore is one of the better value pickups so far, and balances out the outrageous amount the Pelicans gambled on with wing Solomon Hill earlier Friday. It's surprising that Chicago let him walk given his price and relative production, even with their depth at guard. The Bulls missed out on an opportunity here.

Moore, 27, averaged 7.5 points per game for Chicago shooting 45 percent from 3-point range in 59 games for the Bulls last season.

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E'Twaun Moore is set to join the Pelicans. USATSI