New Orleans Pelicans forward Larry Nance Jr. has agreed to a two-year, $21.6 million contract extension, his agent, Mark Bartelstein of Priority Sports, told ESPN on Saturday.
The extension, tying Nance Jr. to the franchise through the 2024-2025 season, allows him to join the Pelicans' key players -- including Zion Williamson, Brandon Ingram and CJ McCollum -- on long-term deals.
Nance Jr. was was entering the final year of a four-year, $48 million contract.
The 29-year-old forward arrived to the Pelicans in a February trade with the Portland Trail Blazers as part of a package with McCollum, and he didn't make his debut until March 24 with a right knee injury. Nance Jr. impacted the Pelicans' run to the Western Conference playoffs, delivering 14 points and 16 rebounds in a Play-In victory over the LA Clippers and scoring in double figures three times in the seven-game Western Conference playoff series.