Reggie Jackson staying in Detroit

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The Detroit Pistons have chosen their point guard of the future. Nearly five months after landing Reggie Jackson via trade from the Oklahoma City Thunder, the Pistons came to terms with their 25-year-old restricted free agent on a five-year, $80 million deal on Sunday. The deal was confirmed to USA TODAY Sports by a person with knowledge of the terms who spoke on the condition of anonymity because it can’t be finalized until the free agency moratorium lifts on July 9.
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Smith, 51, insists he harbors no ill will toward the franchise. “I don’t know why it would leave a bitter taste in my mouth,” he said. “I think I decided I was going to walk out of the door one day almost the same way I walked in and never be heard from again. And pretty much until this point in time, that’s been the truth. I kind of walked in almost the same way. “It was the DeVoses’ keys. When they decide to ask for them and they want them, they can get them. Or else if I didn’t see things running the way I thought it should run, then I was going to walk out the door. I thought it ended the way it should have.”
Restricted free-agent guard Reggie Jackson has reached agreement on a five-year, $80 million extension with the Detroit Pistons, league sources told Yahoo Sports. Pistons president and coach Stan Van Gundy wanted to fully commit to Jackson as one of the franchise’s cornerstones and will do so with a substantial investment of $16 million per season. There is no player option in the contract, league sources said. Van Gundy and general manger Jeff Bower negotiated the deal with Jackson’s agent, Aaron Mintz of CAA, over the past 48 hours at the Orlando summer league.