Free-agent forward Terrence Jones has agreed to sign a one-year contract with the New Orleans Pelicans, according to league sources.
The Pelicans, as it stands, can only offer a one-year minimum contract, but sources say New Orleans is working to create sufficient financial wiggle room to get Jones' 2016-17 into the $1.5 million range.
Sources said that Jones received at least one other offer Thursday, reportedly paying him more money, but the chance to reunite with former Kentucky teammate Anthony Davis ultimately swayed the former Houston Rockets player to the Pelicans.
Last season, the Rockets wanted to give Jones, a 2012 first-round pick, an opportunity to compete for the starting job at power forward with Donatas Motiejunas. A back issue delayed Motiejunas' chance of winning the job, so by default it went to Jones. He just couldn't get going, missing five games with a right eye laceration in November and five more in February with a concussion suffered in a car accident on the way to the airport for a road trip.
Jones had 15 DNP-CD's and was inactive twice during the regular season.
In just 11 starts, he averaged 11.5 points and 5.6 rebounds last season.
Information from ESPN.com's Calvin Watkins was used in this report.