Pistons To Waive Paul Reed

The Detroit Pistons are waiving center Paul Reed. The move will create another open roster spot for Detroit and approximately $5 million more in cap space. The Pistons will enter trade season with nearly $15.5 million available under the cap. Reed was playing on the second year of a three-year, $23.5 million deal. Reed's contract has only guaranteed for this season for roughly $2.5 million of his $7.7 million contract. The Pistons will have 14 days to sign a 14th player to a standard contract to meet minimum roster requirements.

Pistons To Waive Paul Reed

The Detroit Pistons are waiving center Paul Reed. The move will create another open roster spot for Detroit and approximately $5 million more in cap space. The Pistons will enter trade season with nearly $15.5 million available under the cap.

Reed was playing on the second year of a three-year, $23.5 million deal. Reed's contract has only guaranteed for this season for roughly $2.5 million of his $7.7 million contract.

The Pistons will have 14 days to sign a 14th player to a standard contract to meet minimum roster requirements.