The Detroit Pistons signed small forward Caron Butler to a two-year deal believed to be in the $9 million to $10 million range on July 13.
"The Pistons have agreed to deals with free agents Caron Butler and DJ Augustin, according to sources.
"The sources requested anonymity due to the sensitivity of the talks.
"Augustin, who came off the free-agent heap last season as a valuable backup point guard for the Chicago Bulls, agreed to a two-year, $6 million deal.
"He averaged 14.1 points and 5.0 assists for the Bulls, and it gives the Pistons another point guard -- counting Brandon Jennings, Will Bynum, Peyton Siva and second-round pick Spencer Dinwiddie.
"Whether this likely facilitates a deal involving a point guard remains to be seen, as Bynum is entering the last year of his contract, Siva has a team option that needs to be picked up or declined by July 20, and theres' no timetable on Dinwiddie to actually play, considering he's recovering from a torn ACL.
"Butler, one of the more respected veterans in the league, agreed to a one-year deal with a team option for a second year, according to a source. The deal is believed to be around $9 million.
"Pistons president Stan Van Gundy knew he needed a veteran in the locker room, especially with the team declining Chauncey Billups' option recently.
"It's likely Van Gundy targeted Butler because of his toughness and considering Van Gundy is planning a tough training camp, he wanted someone who could still contribute on the floor as well as being a voice in the locker room."
On the other hand, ESPN's Marc Stein says Butler's contract is worth roughly $10 million:
"Caron butler has agreed to sign a deal with the Detroit Pistons, according to a source.
"The source told ESPN.com that the deal is for two years in the range of $10 million. Butler played last season with the Oklahoma City Thunder.
"New Pistons teammate Andre Drummond took to Twitter to welcome Butler, and Butler responded. Both Drummond and Butler are former Connecticut Huskies.
"The deal will reunite Butler with new Detroit president/coach Stan Van Gundy, under whom he played in Miami early in his career.
"The Pistons also agreed to a two-year, $6 million deal with point guard D.J. Augustin, sources close to the situation told The Associated Press. Augustin, 26, averaged 13.1 points per game and made 40 percent of his 3-pointers for the Chicago Bulls after the team claimed him off waivers from the Toronto Raptors this past season."
The 34-year-old Butler has suited up for the Miami Heat, Los Angeles Lakers, Washington Wizards, Los Angeles Clippers, Milwaukee Bucks and Oklahoma City Thunder. He has averaged 15.1 points, 5.3 rebounds and 2.4 assists in 786 career regular-season games, per ESPN stats.