The salaries page is updated with Chauncey Billups’ two-year contract worth more than $5 million. The second year is a team option, according to Vince Ellis of the Detroit Free Press.
I counted both Billups and Luigi Datome against the cap, though one could be signed with the room mid-level exception if the Pistons delay making it official. Signing Billups with the room exception would be more appealing, because he has a higher salary, which would leave the Pistons more flexibility.
Again, the bigger issue is still roster space. The Pistons have 14 players who’ve agreed to contracts plus their three draft picks. They have options to reach the limit of 15, but Billups’ signing doesn’t bode well for Kim English, whose 2013-14 salary won’t become guaranteed until Saturday, or Peyton Siva, who was picked in a part of the draft where few players reach the NBA.