Chauncey Agrees to Contract with Pistons

Chauncey Billups has agreed to a contract with the Pistons, according to MLive.com's A. Sherrod Blakely. And yes, this time the source is his agent, Andy Miller, who had this to say:

Re-signing with Detroit was what Chauncey has said he wanted to do all along. We're happy that we were able to reach an agreement today.

Players cannot actually sign contracts until July 11, so the deal is not official until then. Terms of the deal were not released, although I would assume they are somewhere close to the 5 year, $60 deal that was reported (and refuted) on Tuesday.

Update: Terms of the deal are reportedly 5 years, $60.5 million, according to the Detroit Free Press. The fifth year of the deal is a team option.