The Pistons re-signed Reed to a one-year contract Monday, Omari Sankofa II of the Detroit Free Press reports.
Detroit waived Reed on Saturday, after he had appeared in 12 of the club's first 26 games while averaging 4.8 points and 1.9 rebounds over 10.3 minutes per game. He was in the midst of the second season of a three-year, $25.56 million deal, but the Pistons were unwilling to keep him on board with his current contract since he would have been fully guaranteed $7.7 million in salary for 2025-26 had he remained on the roster through January. After Reed cleared waivers, the Pistons elected to bring him back at a more palatable salary figure for a third-string center. He'll become an unrestricted free agent at season's end.