JULY 15TH: The Pistons have made the Bynum signing official, the club announced today on Twitter.
JULY 8TH: The Pistons are set to re-sign Will Bynum, agent Mark Bartelstein tells Marc Stein of ESPN.com (on Twitter). The deal is worth $5.75MM in total over two seasons, according to David Aldridge of NBA.com (via Twitter).
Earlier today, we learned that Detroit put an offer out to the point guard and it would appear that both sides decided to move quickly towards an agreement. The 30-year-old has spent the last five years of his career with the Pistons and is coming off of a season in which he averaged 9.8 PPG and 3.6 APG in 18.8 minutes per contest.
Detroit has been targeting a number of free agent point guards, including Bynum, Jose Calderon (who has signed with the Mavs), and Chauncey Billups. The Knicks were also eyeing Bynum, but they'll have to look elsewhere for a one guard.