Five-time NBA All-Star Chauncey Billups will retire at the age of 37 after a successful but injury-ridden career, according to Yahoo Sports.

Billups became a costless agent this off-season after the Detroit Pistons declined his $2.5 million team option. He was targeted by many title contenders, including the Cleveland Cavaliers and San Antonio Spurs, but he decided to call it a career - a very successful career.

He had missed 185 of 246 possible games over the course of the last three seasons due to an Achilles injury along with many knee injuries.

"It's just time. I know when it's time," Billups told Yahoo Sports. "My mind and my desire is still strong. I just can't ignore the fact that I haven't been healthy for three years. I can try again and get to a point where I think I can go, but I just can't sustain. Me not being able to play the way that I can play, that's when you kind of know it's that time.

         The Colorado native played for 7 NBA teams throughout his career, but he enjoyed the most success with the Detroit Pistons from 2002-2008.

Along with Ben Wallace, Rasheed Wallace, Richard Hamilton, and Tayshaun Prince, Billups led the Pistons to their third NBA championship in 2004. Nicknamed "Mr. Big Shot," he was known for making clutch shots late in games that led the Pistons to their success in the early-mid 2000s.

Billups will finish his career having averaged 15.2 points, 5.4 assists, and a 38-percent mark on three-point shots.

He was known for being a tremendous leader with great work ethic and burning passion for the game of basketball. Billups was named NBA Teammate of the Year in 2013, won the NBA Sportsmanship award in 2009, and the Walter J. Kennedey citizenship award in 2008. He was also crowned Finals MVP in 2004. 

The 3rd pick in the 1997 NBA Draft will retire in his hometown of Denver, Colorado with his wife and three daughters.

Although he plans on "taking it easy" for a bit, he plans to work in an NBA front office and/or become a broadcaster.

"Right now, I am kind of taking it easy," Billups said. "I have always said I had a desire to work in a front office somewhere or also do TV commentating or studio work. Those are the things I desire the most. But at the moment I'll enjoy taking it easy. We'll see where it leads."