POSTED: Jul 30, 2013 7:47 PM ET
Brandon Jennings, the 10th pick in 2009, averaged 17.5 points and 6.5 assists last season.
The drawn-out saga of restricted free agent guard Brandon Jennings ended Tuesday, as the Milwaukee Bucks agreed to a sign-and-trade deal with the Detroit Pistons to send Jennings there in exchange for guard Brandon Knight and forwards Khris Middleton and Slava Kravtsov.
Jennings, taken 10th overall in the 2009 Draft, will get a three-year, $24 million contract from Detroit. He becomes the Pistons' starter next season, with veteran Chauncey Billups returning to the team where he was the 2004 NBA Finals MVP to serve as a backup. Detroit selected rookie shooting guard Kentavious Caldwell-Pope in this year's Draft, and signed forward Josh Smith from Atlanta for four years and $54 million.
The Pistons soured on Knight, whom they took with the eighth overall pick in the 2011 Draft, as a lead guard, thinking him more of a combo guard after watching him the past two seasons. They had been looking to find a veteran guard that could help teach Knight some of the finer points of the position, and acquired veteran Jose Calderon last season as part of the three-team deal that sent Rudy Gay from Memphis to Toronto. But Calderon signed a free agent deal this month with Dallas.
The Bucks did not want to put big money into Jennings, who averaged 17.5 points and 6.5 assists last season, but shot just 39.4 percent from the floor.
Milwaukee had given Jennings a qualifying offer at $4.5 million for next season to retain his restricted free agent rights. After a potential sign-and-trade deal with Atlanta for Jennings fell through, the Bucks tried to sign Hawks point guard Jeff Teague with a four-year, $32 million offer sheet. But Atlanta matched the offer.
Knight, who averaged 13.3 points and 4.0 assists last season, will likely take over at the point for the Bucks, who have veteran Luke Ridnour and newly-signed free agent Gary Neal as backups. However, Neal will certainly see a lot of time at shooting guard next season.
The Bucks lost shooting guard Monta Ellis to the Mavericks in free agency, but had already signed guard O.J. Mayo from Dallas earlier this month to replace Ellis.
ESPN.com and Yahoo! Sports each reported details of the trade earlier Tuesday.