JULY 29TH: The deal is official, according to the RealGM transactions log, though the team has yet to make an announcement. He’ll get $700K in the first year of his contract, about $200K more than the minimum, but he’ll make the minimum in the final two seasons of the deal, tweets Eric Pincus of Basketball Insiders. The team clearly used cap space on the contract, since the room exception wouldn’t have allowed for a three-year contract.
JULY 22ND: The third year isn’t guaranteed, MLive’s David Mayo writes.
JULY 21ST: The Pistons and second-round pick Spencer Dinwiddie have agreed to a three-year deal, according to Marc Stein of ESPN.com (via Twitter). Dinwiddie was selected with the eighth pick in the second round (38th overall).
The 21-year-old was viewed as a possible lottery candidate before his knee injury last season and was still projected as a late-first round choice by DraftExpress. The former Colorado standout might be limited in his first NBA campaign, but president/coach Stan Van Gundy and the rest of the front office obviously sees a high ceiling for the shooting guard. Last season, Dinwiddie averaged 14.7 PPG and 3.8 APG while shooting 41.3% from downtown and 85.7% from the charity stripe.