Reese agreed to a two-way contract with the Pelicans on Thursday, Keith Smith of Spotrac.com reports.
The 23-year-old forward spent the latter portion of the 2025-26 campaign with Washington, averaging 11.8 points, 10.5 rebounds, 1.8 assists and 1.4 steals in 30.9 minutes across 13 regular-season appearances, including 10 starts. Look for him to spend a lot of time with New Orleans' G League affiliate.