Smith was waived by the Pelicans on Wednesday, Shams Charania of The Athletic reports.
Smith had zero points (0-4 FG, 0-3 3Pt) and three rebounds in six minutes during Tuesday's 130-113 loss to the Bucks.
Smith (knee) is available to play Friday against the Timberwolves.
Smith (knee) was traded to New Orleans on Thursday, Adrian Wojnarowski of ESPN reports.
Smith (knee) is out Saturday against the Wizards, Zach Rosen of the Wizards' official site reports.
Smith is listed as probable for Saturday's game against the Wizards due to left knee soreness.
Smith (coach's decision) was inactive for Monday's 116-106 win over the Mavericks.
Smith supplied 11 points (5-11 FG, 0-1 3Pt, 1-1 FT), six rebounds, one assist, one steal, and one block in 13 minutes during Monday's 110-98 win over the Knicks.
Smith is out for Wednesday's tilt against the Knicks as a result of the flu, Chris Miller of NBC Sports Washington reports.
Smith (knee) played 28 minutes during Tuesday's 98-103 loss to the Nets, posting nine points (4-7 FG, 0-1 3Pt, 1-1 FT), five rebounds, one steal and one block.