The Pistons officially announced the re-signing of Jonas Jerebko yesterday and he was at the team's first practice in the evening. It was first announced that the restricted free agent would re-sign on Thursday. 

The first report pegged Jerebko's contract being worth $16 million, but as it turns out, that was incorrect and Jerebko was inked to an $18 million deal, which also includes a player option for his fourth season. Jerebko is very satisfied to be back with the Pistons and is excited about helping the team get back to its respectable self: 

"To be a part of the Pistons' future, I'm very happy, to say the least," he said. "I knew the Pistons wanted to keep me and I wanted to stay and we worked out a deal." 

"I'm gonna contribute and we're gonna work hard," he said. "We're gonna get some wins."

For more analysis on the Detroit Pistons, check out SB Nation's Detroit Bad Boys.