Per NBA salary cap rules, the Pistons can take back up to $22.6 million in any sign-and-trade involving Schröder, who will reportedly sign a three-year, $45 million contract before he's dealt to the Kings. Alternatively, the Pistons can forego taking back salary to generate a player trade exception of $14.3 million.

The Kings and Pistons have decided to turn Dennis Schroder's free agency deal with Sacramento into a sign-and-trade agreement.

The Kings are signing Dennis Schröder to a three-year contract worth $45MM, reports ESPN’s Shams Charania ( Twitter link ).