Pistons reportedly renouncing Kentavious Caldwell-Pope

After acquiring Avery Bradley via trade, the Detroit Pistons announced that they are renouncing Caldwell-Pope, which means that he's up for grabs in the free agent market.

Kentavious Caldwell-Pope is now free to sign with any National Basketball Association team after the Pistons renounced his rights Friday, ESPN reported.

Detroit Pistons shooting guard Kentavious Caldwell-Pope (5) reacts after being called for a technical foul during the third quarter against the Brooklyn Nets at Barclays Center.

But dealing him gives Boston room under the salary cap to sign All-Star free agent forward Gordon Hayward to a four-year, $128 million maximum contract.

The Lakers will be young and building around Lonzo Ball and Brandon Ingram, so a potential one-year addition of Caldwell-Pope could help the team's short-term growth. Sacramento is considered done with free agency.

Consumer borrowing powers on unexpectedly in May
Finally, a pair of officials from the Bank of Canada also suggested the central bank could raise rates sooner-than-expected. Sterling also rose by nearly a cent against the dollar, hitting a five-week high of $1.2936 to the pound.

Instead of having to choose between overpaying to keep KCP or letting him walk, the Pistons move on with his replacement in place.

Caldwell-Pope averaged 13.8 points and 3.3 rebounds last season while shooting 35 percent on 3-point attempts. He is widely believed to be the top free agent available in the market, thanks to his youth and two-way style of play.

Bradley became expendable in Boston due to their need to shed salary to fit Hayward's deal and because he is just a year away from a big payday himself.

With the Pistons trading for Avery Bradley on Friday morning, the team looks to be moving on from the 24-year-old out of Georgia, as they've made him an unrestricted free agent. If not, they gain cap flexibility they wouldn't have if they were locked into a deal with Caldwell-Pope.

  • Regina Holmes