Pistons signing former second-round pick to a two-way contract

Free agent shooting guard Colby Jones will sign a two-way contract with the Pistons, sources tell Shams Charania of ESPN (Twitter link).

Jones, 23, had a strong finish to last season in Washington after being acquired from Sacramento in a three-team trade at the deadline. In 15 games with the Wizards, he averaged 8.7 points, 4.3 rebounds and 2.5 assists in 25.7 minutes per night while posting .466/.308/.657 shooting numbers.

Jones was traded to Oklahoma City last month, but the Thunder immediately waived his non-guaranteed $2.22M contract for the upcoming season.

Jones began his career with the Kings after being selected with the 34th pick in the 2023 draft. This will be his first time on a two-way contract.

The Pistons have a two-way opening, so a corresponding roster move won’t be required before Jones can be signed. Ron Harper Jr. and Tolu Smith hold the team’s other two-way deals.