The Detroit Pistons have declined their team option on Chauncey Billups, who signed a two-year contract last season.

"Chauncey Billups embodies what it means to be a member of the Detroit Pistons," Tom Gores said in a statement. "His leadership, dedication and excellence both on and off the court provide a great example for aspiring young athletes."

“Chauncey Billups will always be a valued member of the Detroit Pistons’ family," Stan Van Gundy said. "Decisions like these are always difficult to make and we certainly wish Chauncey and his family the best in the future.”

The Toronto Raptors have extended qualifying offers to Greivis Vasquez, Patrick Patterson and Nando De Colo.

All three players came to the Raptors via trades last season.

Nick Young has informed the Los Angeles Lakers that he will not exercise his player option for the 2014-15 season.

Young averaged 17.9 points last season.

Young had made it clear that he would not pick up his $1.2 million option.

Darrell Arthur and Nate Robinson have exercised their contract options for the 2014-15 season with the Denver Nuggets.

Arthur, acquired in a draft-night trade on June 27, 2013, averaged 5.9 points and 3.1 rebounds in 68 games with Denver last season. He also made a career-high 24 3-pointers – 19 more than his previous four seasons combined.

In 315 career games with Denver and Memphis, Arthur is averaging 6.5 points and 3.7 rebounds.
Robinson, signed as a free agent last July 26, averaged 10.4 points and 2.5 assists in 44 games with Denver before suffering a season-ending knee injury on Jan. 29.

Preparing to enter his 10th NBA season, Robinson has averaged 11.4 points, 3.0 assists and 2.4 rebounds in 574 games with Denver, Chicago, Golden State, Oklahoma City, Boston and New York.

The Utah Jazz have named Quin Snyder as head coach. Snyder is the eighth head coach in Jazz history and the fifth since the franchise’s relocation to Utah in 1979.  

“On behalf of the Miller family, I welcome Quin Snyder as the new head coach of the Utah Jazz,” said Greg Miller, chief executive officer of the Larry H. Miller Group of Companies.  “He has an impressive basketball pedigree, including more than a decade of head coaching experience that positions him well to succeed in the Jazz organization.  We look forward to Quin’s contributions both on the court and in the community.”

“We were very disciplined and thorough in our process, which has resulted in hiring Quin to lead this team into a new era for Jazz basketball,” said Utah Jazz President Randy Rigby. “He has been affiliated with tremendous coaches and programs throughout his career from Duke University to the Atlanta Hawks.  We have received overwhelmingly positive feedback regarding Quin from some of the most respected basketball minds in the game.”

“Quin Snyder combines a unique skillset with several intangibles that makes him the right fit for our team and approach to basketball,” said Jazz General Manager Dennis Lindsey.  “He is passionate about the game and has a 20-year track record of teaching and developing young talent.  His personality, work ethic and communications skills are important traits that will benefit the Utah Jazz.  We have taken a significant and exciting step forward in the evolution of this franchise.”

“The opportunity to join the Utah Jazz and to be part of such a highly respected franchise with an incredibly bright future is a great honor,” Snyder said. “I approach this opportunity with gratitude and humility and am committed to doing everything I can to help the Jazz become a championship-caliber team.”

Quin Snyder agreed to a three-year guaranteed contract to become the new head coach of the Utah Jazz, according Yahoo Sports.

The deal includes a team option for a fourth season.