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Source: Norris Cole Signs Qualifying Offer With Pelicans

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Norris Cole has signed a $3.03 million, one-year qualifying offer with the New Orleans Pelicans, a source told ESPN’s Brian Windhorst on Wednesday.

The deal, which will have a no-trade clause, sets the stage for the 6-foot-2 Cole to become an unrestricted free agent after this season.

Source: ESPN