12 Tim Frazier PG

Frazier signed a contract with the Bucks on Monday, Chris Haynes of Yahoo Sports reports.

With Malcolm Brogdon (foot) ruled out for the next 6-to-8 weeks, the Bucks will bring back Frazier to add some depth in the backcourt. This will be Frazier's second go-around with the Bucks this season, as he spent training camp and preseason with the team before being waived. Frazier brings plenty of NBA experience and even started in 17 games for the Pelicans earlier this year. He averaged 5.0 points and 4.4 assists in 47 appearances with New Orleans. In order to bring on Frazier, however, the Bucks had to waive intriguing frontcourt prospect Christian Wood.

The Pelicans will waive Frazier on Thursday, league sources tell Adrian Wojnarowski of ESPN reports.

New Orleans will drop Frazier from their roster for the second time this season to clear a spot for Latvian shooting guard Dairis Bertans, who has reached agreement with the Pelicans on a two-year deal. After averaging 6.6 points, 4.9 assists and 3.3 rebounds in 22.9 minutes per game in the Pelicans' first seven games of February, Frazier fell out of the rotation coming out of the All-Star break with fellow point guard Elfrid Payton returning from an extended absence due to injury.

Frazier tallied 12 points (5-8 FG, 2-2 3Pt), nine rebounds, eight assists and two steals in 32 minutes Friday in the Pelicans' 122-117 win over the Timberwolves.

Frazier has flashed the ability to fill up the stat sheet in the past when given significant minutes, but the 28-year-old isn't exactly the most consistent producer and probably shouldn't be viewed as a roster-worthy player in leagues with 14 teams or fewer. He could at least notice a short-term boost in playing time with fill-in starter Frank Jackson struggling over the past three games, but both players will lose nearly all their value once top point Elfrid Payton (ankle) is cleared to play again.

Frazier supplied nine points (4-10 FG, 1-4 3Pt), eight assists, four rebounds, and two steals in 27 minutes during Saturday's 113-108 loss to the Spurs.

Frazier is averaging 8.0 assists across the last four contests. Elfrid Payton (ankle) appeared in only one of these recent tilts before missing the last three. Frazier's relevance has essentially been tied to Payton's health for the duration of the season, so those planning to rely on Frazier will want to keep tabs on Payton heading into Monday's matchup with the Pacers (and beyond).

Frazier scored 10 points (3-4 FG, 4-5 FT) while adding 10 assists, four rebounds and a steal in 20 minutes off the bench during Tuesday's 121-116 win over the Rockets.

The Pelicans got some big contributions from unlikely sources in the comeback victory, including Frazier's second double-double of the season. The 28-year-old guard isn't getting consistent court time lately, seeing more than 20 minutes only once in January with a few DNPs tossed in for good measure, and until that changes he'll be a very risky fantasy play in any format.