Former Penn State guard Tim Frazier reached a two-year deal to re-sign with the New Orleans Pelicans, according to a report by Shams Charania of The Vertical on Sunday.
The deal is worth $4.1 million, according to the report.
Frazier played 16 games with the Pelicans last season, averaging 13.1 points and 7.5 assists. Before joining New Orleans, he played in 35 games for the Portland Trail Blazers.
Frazier played in a combined 11 games with Portland and Philadelphia in 2014-15.