Pistons renounce rights to Kentavious Caldwell-Pope after Bradley trade

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Kentavious Caldwell-Pope is now free to sign with any National Basketball Association team after the Pistons renounced his rights Friday, ESPN reported.

After acquiring Avery Bradley via trade, the Detroit Pistons announced that they are renouncing Caldwell-Pope, which means that he's up for grabs in the free agent market.

The Pistons' move indicates they are preparing for next summer when Bradley will become a free agent. "Whether Paul is willing to do that one-year deal remains to be seen, but that's what the Lakers are pitching".

ESPN's Bobby Marks noted the only other teams with cap space for the time being are the Chicago Bulls, Indiana Pacers, Los Angeles Lakers, Orlando Magic, Philadelphia 76ers and Sacramento Kings.

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Underemployment, which measures people who want to be working full-time but are not, rose to 8.6% in June from 8.4% in May. In June, average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $22.03.

Caldwell-Pope was a restricted free agent who might receive a max contract worth about $24 million a season. The New York Knicks would also factor into that equation, but only if the Atlanta Hawks match their four-year, $71 million offer sheet to Tim Hardaway Jr.

File image of Boston Celtics guard Avery Bradley.

Selected by Detroit in the first round of the 2013 NBA Draft (#8 overall), the Thomaston, Georgia native compiled averages of 11.7 points, 3.0 rebounds, 1.6 assists, 1.2 steals and 30.2 minutes in 314 career NBA games (274 starts).

As for Caldwell-Pope himself, he would give the Lakers a young knockdown shooter who would help space the floor and would fit well in the backcourt next to Lonzo Ball.