The Washington Wizards have added depth to their backcourt with the addition of Tim Frazier. The New Orleans Pelicans will receive the No. 52 pick in the NBA draft in exchange for the point guard, per the team.
Michael Scotto of Basketball Insiders first reported the news.
David Aldridge of Turner Sports also confirmed the news.
Frazier averaged 7.1 points and 5.2 assists in 65 games with the Pelicans last season.
The 26-year-old bounced around to three different organizations in his first two years in the league, but he seemed to find a home in New Orleans this year while making 35 starts.
Bleacher Report's Adam Fromal broke down this move for the Wizards:
Washington has one of the top starting backcourts in the NBA between John Wall and Bradley Beal, although depth was a major problem throughout the season and into the playoffs. Brandon Jennings only averaged 3.5 points per game in 23 games with the team, and Trey Burke also didn't provide much help earlier in the year.
Tomas Satoransky played a significantly role but isn't a true point guard.
Frazier could provide depth behind Wall for a minimal price, while the Pelicans add a much-needed draft pick for a team that doesn't have a first-rounder.