Peyton Siva reports that Peyton Siva has signed a contract with the Detroit Pistons, via his Instagram account. Jeff Goodman of ESPN confirmed the report with Siva’s college coach, Rick Pitino.

Siva’s status wasn’t clearly known prior to the Pistons exchanging three players for Brandon Jennings last week. Before that trade, the team didn’t have a roster spot for him and there were rumors that the Pistons may have been hoping to have Siva play overseas for a year while maintaining his rights, similar to what Kyle Singler did during the lockout shortened 2011-12 season.

Terms of the deal are unknown. Despite Siva’s notable skills that helped him excel at the college level — an ability to run an offense and play great defense — he’s unlikely to play much this season based on the current construction of the roster. Along with Jennings, the Pistons re-signed Will Bynum, brought back Chauncey Billups and still have Rodney Stuckey hanging around. All four players can play minutes at PG. But Siva is still an intriguing prospect as a backup and the backcourt is surely not a finished product — Bynum is aging, Billups is really aging and Stuckey doesn’t seem to have much a of a long-term future in Detroit, plus his expiring contract makes him a potential trade candidate. If Siva can improve his jumper while practicing with the team this season, he’ll become an even more attractive long-term prospect.