The New Orleans Pelicans plan to waive forward Terrence Jones, according to league sources, four days after trading for DeMarcus Cousins to pair with Anthony Davis in its revamped frontcourt.
With Cousins in tow, the Pelicans worked with Jones' representatives to find a more favorable situation, but no trade materialized ahead of Thursday's 3 p.m. ET deadline.
If he clears waivers, Jones, 25, will get to seek opportunities elsewhere.