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Pistons to buy out Richard Hamilton

Updated: December 10, 2011, 1:03 PM ET
Associated Press

AUBURN HILLS, Mich. -- The Detroit Pistons are set to part ways with Richard Hamilton.

General manager Joe Dumars said Friday night the team has reached a "verbal agreement" and indicated a buyout would be forthcoming. The 33-year-old Hamilton spent the last nine seasons with the Pistons, leading them to the 2004 NBA title.

"We've come to a verbal agreement," Dumars said. "Once it's official, then I can get more detailed about why buyout instead of amnesty."

The league's ...

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