It has been 10 days since the Pelicans agreed to terms with free agent swingman Bennedict Mathurin on a two-year deal worth a reported $16MM, but the signing still isn’t official.

In the space below, we’re taking a closer look at exactly why that deal isn’t done yet and what New Orleans might be waiting for. We’re also covering several other cap-related topics, including where things stand with the Cavaliers and Raptors, and which teams did and didn’t use the stretch provision when they waived players with guaranteed salaries this offseason.

Let’s dive in…