The Detroit Pistons, Memphis Grizzlies, and Toronto Raptors have agreed to terms on a three-team trade that will send Tayshaun Prince and Austin Daye to Memphis in exchange for Toronto’s Jose Calderon.
Prince had spent his entire eleven year careeer in Detroit and was a major cog for the Piston teams that enjoyed a tremendous run of success in the mid-2000′s. Detroit reached the Eastern Conference Finals in each of Prince’s first six seasons — a stretch that included an NBA World Championship.
Vincent Goodwill breaks down the trade for the Detroit News and offers the following information on Calderon and his likely role for the remainder of the season:
Calderon, 31, a 6-foot-3 point guard from Spain, averages 11.1 points and 7.4 assists for the Raptors, along with being one of the league’s best free-throw shooters (90 percent). His arrival will probably shift 2011 first-round pick Brandon Knight to shooting guard and rookie Kyle Singler to small forward.
But really, the Pistons aren’t acquiring Jose Calderon the player so much as they’re acquiring Jose Calderon the expiring contract. Calderon becomes a free agent at the end of the season, so Detroit is using this move to position themselves to free up funds that could be spent elsewhere. More from Goodwill:
With the contracts of Calderon, Will Bynum, Jason Maxiell and Corey Maggette all coming off the books after the season, the Pistons are projected to have $35 million in cap space for free agency and trades.
Hopefully this time Joe Dumars and company will use the cap space to acquire someone(s) considerably more valuable than Ben Gordon and Charlie Villanueva