Pelicans Lock Up Saddiq Bey with Three-Year, $55.5 Million Extension

The New Orleans Pelicans have secured forward Saddiq Bey on a three-year contract extension, according to ESPN’s Shams Charania. The deal carries a value of $55.5 million and runs through the 2029-30 season.

A Career Year Sets Up the Payday

Bey, 27, entered the league as the No. 19 pick in the 2020 NBA Draft, selected by the Brooklyn Nets. His path since then has run through Detroit and Atlanta before landing him with the New Orleans Pelicans.

The 6-foot-8 forward missed the entire 2024-25 season after suffering a torn anterior cruciate ligament in Atlanta. That absence made his comeback campaign in New Orleans stand out. Bey averaged a career-high 17.7 points per game, giving the Pelicans front office enough conviction to make his contract fully guaranteed.

Charania Breaks Down the Terms

Shams Charania laid out the specifics of the extension shortly after the deal broke, framing it as a reward for Bey’s health and production last season.

Bey missed the entire 2024-25 season after suffering a torn ACL in Atlanta and then had a resurgent comeback season last year in New Orleans, averaging a career high 17.7 points. He now locks in a fully guaranteed deal through 2029-30 with the Pelicans.

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The extension ties Bey to the franchise through the end of the decade, giving New Orleans a proven scorer at forward as it builds around its current roster. For more updates on how this move shapes the Pelicans’ outlook, keep following TipsGG’s basketball coverage.