The Detroit Pistons recently waived forward/center Paul Reed.
Reed, claimed off waivers by the Pistons on July 9, 2024, is averaging 4.8 points and 1.9 rebounds in 12 games this season.
Per the Detroit Free Press, “the Pistons, after moving on from Reed’s $7.7 million in salary, have dropped below the NBA’s salary floor of $126.5 million by roughly $1.4 million, according to ESPN. The CBA dictates teams are required to reach the floor by the end of Sunday. Reed’s salary would’ve been guaranteed on Jan. 10.”