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Report: Pistons sign Tracy McGrady

So tweets Jonathan Giovany of DraftExpress:

Tracy McGrady has been signed by the Detroit Pistons to a one year minimum contract, a source close to the situation tells DraftExpress.Sun Aug 08 01:10:53 via web

Details to follow.

Update: Dave Pemberton of the Oakland Press quotes Joe Dumars as denying a deal is done:

This from Joe Dumars: "We have not signed Tracy McGrady, discussing it, definitely haven't signed"Sun Aug 08 01:27:53 via web