Chris McCosky of Detroit News told AM1130 WDFN in Detroit that Chauncey Billups has agreed in principle to sign a new five year contract for around $12 million a year with the Pistons. The exact numbers of the contract is still being worked out and nothing is official at this point, but it looks like the Pistons will have their starting point guard back for 2008.

According to McCosky, the Pistons are still in great shape to possibly make a run for Grant Hill and possibly Amir Johnson.