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The New Orleans Pelicans have claimed forward Christian Wood off waivers, according to Adrian Wojnarowski of ESPN.
Wood was waived by the Milwaukee Bucks earlier this week to make room for guard Tim Frazier.
Wood was barely used by the Bucks, with most of his time coming with the Wisconsin Herd of the G League.
In order to make room for Wood, the Pelicans waived power forward Jason Smith, per Shams Charania of Stadium.
If Wood had gone unclaimed on waivers, the Bucks would have been responsible for his $1,512,601 cap hit for 2018-19.
As Luke Adams of Hoops Rumors explained, “Wood might be an appealing target on waivers since his two-year, minimum-salary contract allows any club to place a claim using the minimum salary exception. If he’s claimed, his cap charge would be removed from Milwaukee’s books.”
Wood is 6-foot-10 and appeared in 13 games with the Bucks, 13 last season with the Charlotte Hornets and 17 the year before that with the Philadelphia 76ers.
Smith appeared in just two games with the Pelicans this season.