Jump to content

Sign in to follow this  
Todd

Pistons, Sanchez reach two-year deal

Recommended Posts

Pistons, Sanchez reach two-year deal

By Chris McCosky / The Detroit News

TRAVERSE CITY -- They had to cut through international red tape to do it, but the Pistons have landed their third point guard.

On Tuesday, as the Pistons' media caravan was making its way up the state introducing the top two point guards, Chauncey Billups and Chucky Atkins, the team arranged a buyout with a professional team in Spain to secure the rights to former Sixer and Hawk Pepe Sanchez.

Sanchez, who helped Argentina to the silver medal at the World Championship this month, will sign a two-year contract with the Pistons. It will pay him $512,435 this season. The second year will be partially guaranteed.

"We got a chance to get to know Pepe and watch him play when he was here for our international tournament," said John Hammond, Pistons vice president of basketball. "We were going to hold off on signing a third point guard, but once we got to see Pepe, we felt like we weren't going to find a better fit for that role."

Sanchez agreed to terms with the Pistons two weeks ago, but first he had to extricate himself from his contract with the Alicante team in Spain. Sanchez put up $50,000 of his own money, and the Pistons are believed to have paid the team another $100,000 to buy him out of the contract.

"I am overjoyed to be able to help Pepe return to the NBA," said Joel Bell, Sanchez's agent. "It was a little aggravating, but that is business as usual with these kinds of things."

When Sanchez signs, he will give the Pistons 14 guaranteed contracts heading into training camp Oct. 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...