For the money, not a good signing at all. But consider the situation. Pistons have been a ty team for several years now. They can't get any quality free agents to come to Detroit. They couldn't even get a hometown kid who grew up loving the Pistons in Chris Webber to come to Detroit for max money back in 2003. Of course they're going to overpay for whoever they get. Cap floor will probably be around $53-54 million. That means the Pistons had to spend at least $17 million this summer on someone, anyone just to meet the cap floor. Were they going to get Dwight Howard or Chris Paul? Of course not. They can't just sit on the money like teams would before the last CBA. They have to spend it. Better to just throw out one year deals at no name FAs and then go at it again next summer or the following summer after that? Perhaps. But same will happen. None of the big name free agents will sign in Detroit and they just stay the same.
I have no delusions that Josh Smith will somehow turn the franchise around. Of course he won't. He's overrated and has some serious flaws in his game. But he's better than Kyle Singler. And he's probably the best talent a team and city like Detroit would be able to get. LeBron ain't coming next year. So, this is what happens. They overpay for a horribly flawed and overrated talent. But he is a talent, especially compared to the rest of the Pistons roster. That's why I'm good with it.

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Charlie V got a 40 million dollar contract
