The Detroit Pistons have re-signed Chauncey Billups on a two-year deal.
Joe Dumars, president of basketball operations with the Pistons, confirmed the deal on Thursday morning as the NBA moratorium came to an end on July 10th.
Billups will make $2.5million a year, with the first 12 months guaranteed.
A number three pick in the 1997 draft, Billups spent single seasons with the Boston Celtics, Toronto Raptors and Denver Nuggets before a two-year stint with the Minnesota Timberwolves.
A move to motor city followed in 2002, with the 36-year-old moving in free agency and spending six-years at the Palace.
His efforts in the 2004 NBA finals won him the MVP award, as well as the title after a 4-1 win over the LA Lakers.
Billups was controversially traded back to Denver in 2008 in a deal that saw Allen Iverson move the other way, and the Pistons haven’t won a divisional title since.
The shooting guard, meanwhile, went for Denver to New York and then the LA Clippers, but after two years in California, he’s back at Auburn Hills.