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Detroit Pistons 2024 free agency tracker: Here's the latest news

Pistons Trajan Basketball
Posted at 10:18 AM, Jul 01, 2024

DETROIT (WXYZ) — NBA free agency is upon us, and the Detroit Pistons entered free agency with more than $60 million in cap space and new leadership. The team is expected to make some moves in the coming days. We'll cover all of the latest news as it comes down this week.

Below you can find the latest news from free agency involving the Pistons

Tuesday, July 9 at 6:30 p.m.

The Detroit Pistons have claimed center Paul Reed off waivers,the team announced Tuesday afternoon.

According to Shams Charaniawith The Athletic, Reed is in the second year of a three-year, $24 million deal, which he signed with the Philadelphia 76ers.

Reed was drafted with the 58th overall pick by the Sixers in the 2020 NBA Draft. Appearing in 215 games over the past four seasons, Reed was a key part of Philadelphia's bench unit, and the DePaul alum is coming off of a career season, averaging 7.3 points and 6.0 rebounds, 1.0 blocks and 0.8 steals in 19.4 minutes per game. He also started 24 games for the playoff team when MVP big man Joel Embiid missed time with a knee injury.

Reed is now one of three players on the Pistons roster with experience playing at center, along with Jalen Duren and Isaiah Stewart. The big man is one of many new additions the Pistons have made this off-season.

Sunday, July 7 at 9 a.m.

The Pistons have officially acquired the draft rights to Bobi Klintman, the team announced Sunday morning.

Saturday, July 6 at 6:30 p.m.
The Detroit Pistonshave officially announced this trade, acquiring Wendell Moore Jr. and the pick used to select Bobi Klintman for the 53rd pick in the draft, which the Minnesota Timberwolves used to draft UConn guard Cam Spencer

Saturday, July 6 at 6 p.m.

The Detroit Pistons are reportedly re-signing wing Simone Fontecchio to a two-year, $16 million deal, first reported by Adrian Wojnarowski with ESPN.

Detroit acquired Fontecchio midway through the 2023-24 via trade with the Utah Jazz. Last season with the Jazz and the Pistons, the Italian small forward averaged 10.5 points and 3.7 rebounds while shooting 46.0 percent from the field, 40.1 percent from three and 81.8 percent from the free throw line.

Saturday, July 6, at 1:30 p.m.

The Detroit Pistons announced thatthey signed Ron Holland to a contract. The terms of the contract were not made public, per team policy.

Saturday, July 6 at 12:40 p.m.:

The Detroit Pistons officially announced the trade for Tim Hardaway Jr. this past weekend. They also received three second round picks, and traded guard Quentin Grimes to the Dallas Mavericks.

Saturday, July 6 at 10:00 a.m.

The Detroit Pistons have reportedly signed veteran free agent Malik Beasley to a one-year, six-million dollar deal, according to The Athletic's Shams Charania.

With the Milwaukee Bucks last season, the eight-year veteran appeared in 79 games and started 77 of them. The Florida State alum averaged 11.3 points and 3.7 rebounds last season while shooting 44.3 percent from the field, 41.3 percent from three and 71.4 percent from the free throw line.

Beasley was drafted by the Denver Nuggets in 2016, and spent parts of his first four seasons in the Mile High City. He's also played with the Minnesota Timberwolves, the Utah Jazz and the Los Angeles Lakers.

Monday, July 1 at 10:20 a.m.

The Detroit Pistons have agreed to a two-year, $52 million deal with forward Tobias Harris.

He returns to the Pistons after playing parts of three seasons with Detroit from 2016-2018.

Most recently, he was with the Philadelphia 76ers for the past five seasons. Last year, he started and played in 70 games for Philly, averaging 33.8 minutes per game with 17.2 points per game, 3.1 assists per game and 6.5 rebounds per game.

Sunday, June 30 at 8:30 p.m.

The Detroit Pistons plan to sign point guard Cade Cunningham to a five-year, $226 million maximum rookie extension, as reported by The Athletic's Shams Charania and James Edwards.

With this extension, the organization is choosing to invest in their rising star before he would have hit free agency. Cunningham is coming off of a career year for the Pistons, averaging 22.7 points, 4.3 rebounds and 7.5 assists while shooting 44.9 percent from the field, 35.9 percent from three and 86.9 percent from the free throw line.

Cunningham was drafted first overall by the Pistons in the 2021 NBA Draft. He had an impressive rookie season, averaging 17.4 points, 5.6 rebounds and 5.5 assists while shooting 47.2 percent from the field, 31.4 percent from three and 84.5 percent from the free throw line. After playing 64 games his rookie season, he finished third in Rookie of the Year voting and was named to the 2021-22 All-Rookie first team.

There have been a lot of changes for the Pistons this off-season. Over the past 30 days, Trajan Langdon was named President of Basketball Operations, and general managerTroy Weaver and head coach Monty Williamswere fired after a 2023-24 that saw the Pistons post a franchise-worst 14-68 record.

Friday, June 28 at 11:15 a.m.

The Detroit Pistons have reportedly traded Quentin Grimes to the Dallas Mavericks in exchange for Tim Hardaway Jr. and three second-round picks. That's according to Adrian Wojnarowski of ESPN.

Hardaway Jr., 32, played for Michigan from 2010-2013. He played in 79 games for Dallas last season, averaging 14.4 points and 3.2 rebounds per game, shooting 40% from the floor.

Thursday, June 27 at 11:30 a.m.

As first reported by The Athletic's James Edwards III, the Pistons sent the 53rd pick to Minnesota. They'll got the 37th overall pick, which ended up being forward Bobi Klintman, and Wendell Moore Jr. from the Timberwolves.

Moore is a 6-foot-5 guard who is under contract for $2.5 million, according to Edwards. He averaged three minutes per game last season in 25 games played.