The Detroit Pistons have officially announced the departure of forward/center Paul Reed.
Reed, who was acquired by the Pistons via waivers on July 9, 2024, has averaged 4.8 points and 1.9 rebounds across 12 games this season.
As reported by the Detroit Free Press, “the Pistons, having moved on from Reed’s $7.7 million contract, are now about $1.4 million below the NBA’s salary floor of $126.5 million, according to ESPN. The Collective Bargaining Agreement stipulates that teams must comply with the salary floor by the end of Sunday. Reed’s contract would have become guaranteed on January 10.”
Image Source: Paul Reed @ Instagram
