AUGUST 6: The Pistons have officially signed Olynyk, the team announced today in a press release.
AUGUST 2: The Pistons have agreed to a three-year deal with free agent big man Kelly Olynyk, agent Jeff Schwartz tells Adrian Wojnarowski of ESPN (Twitter link). The contract will be worth $37MM, Wojnarowski reports. It features a third-year team option, tweets James Edwards III of The Athletic.
The Pistons agreed to trade veteran big man Mason Plumlee to Charlotte in a salary-dump deal on draft night in order to open up the center position and more salary cap space, and Olynyk will be the beneficiary of the team’s newly-created roster and cap flexibility.
Olynyk, who was traded from the Heat to the Rockets prior to the March trade deadline, finished the 2020/21 season on an incredible roll, averaging 19.0 PPG, 8.4 RPG, and 4.1 APG on .545/.392/.844 shooting in 27 games (31.1 MPG) for Houston. That helped boost his stock ahead of free agency and earn him a deal worth more than the mid-level.
Olynyk will be joining an intriguing young Pistons core that includes Saddiq Bey, Isaiah Stewart, Killian Hayes, and this year’s No. 1 overall pick Cade Cunningham.
Olynyk can play either the four or the five, and his ability to stretch the floor should allow the Pistons to use him in lineups alongside Stewart.