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Pistons won't pick up Billups' option

Updated: June 30, 2014, 8:06 PM ET
Associated Press

AUBURN HILLS, Mich. -- The Detroit Pistons say they won't pick up the team option on Chauncey Billups' contract for the 2014-15 season.

Coach Stan van Gundy says Monday's announcement was a hard one. He says the 37-year-old guard "will always be a valued member of the Detroit Pistons' family."

Owner Tom Gores says Billups has shown "leadership, dedication and excellence both on and off the court" and says he's confident Billups will have "a long and bright future" in the ...

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