Pistons To Re-Sign Billups In $60 Million Deal

Wednesday, July 4th 2007, 9:23 am

By: News On 6

AUBURN HILLS, Mich. (AP) _ Chauncey Billups and the Detroit Pistons agreed on a five-year, $60 million contract Tuesday, a person with knowledge of the deal told The Associated Press.

The person, who requested anonymity because of league rules preventing contract announcements before July 11, said the final season is a team option.

Billups had become an unrestricted free agent last month after opting out of the last year of a six-year contract.

Joe Dumars, the Pistons' president of basketball operations, said shortly after the team was eliminated from the conference finals by the Cleveland Cavaliers that his top priority was re-signing Billups.

The 6-foot-3, 202-pound All-Star said he would prefer to stay with Detroit and expected to be back if the team could match any other team's best offer.