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June 3, 2011
Report: Tom Gores Bought Pistons For $325 Million
Tom Gores reportedly paid $325 million to buy the Detroit Pistons.
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June 3, 2011
Video: Tom Gores Introduced As Pistons Owner
Tom Gores officially took over the Detroit Pistons earlier this week. On Thursday, he held an event to introduce himself as the new owner.
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June 1, 2011
Tom Gores, Pistons Finally Close On Sale
Tom Gores and the Pistons finally closed on the deal that will make Gores the majority owner of the team.
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May 18, 2011
Pistons Sale Should Be Finalized Soon; Karen Davidson Will Have Minority Stake
The sale of the Detroit Pistons is expected to be closed by the end of the month.
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April 13, 2011
Tom Gores Dances To Journey And Speaks Of Work To Be Done As Pistons Owner
Tom Gores danced to Journey at the Pistons/Cavs game and spoke of his excitement and the work that needs to be done as Pistons owner.
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April 9, 2011
Timeline Of The Detroit Pistons Sale
It's been a turbulent two years in Auburn Hills as the Pistons' sale has dragged on. The drama finally ended on Friday; here's just a few of the wild and wacky turns the sale took.
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April 8, 2011
Tom Gores Reaches Agreement To Buy Detroit Pistons
The Detroit Pistons reportedly have an agreement for Tom Gores to become the new owner after he purchases the team.
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March 31, 2011
New Details Emerge About Detroit Pistons Sale, Lack Of Deal
Contrary to a report earlier this week, it appears that a deal with Tom Gores to buy the Detroit Pistons isn't quite as close to happening as once thought.
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March 30, 2011
Pistons Sale To Tom Gores Reportedly Could Be Voted On In April
The Pistons sale reportedly could be winding down, as a vote may be coming in April on whether or not Tom Gores can take over the team.
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March 8, 2011
Mike Ilitch Back In The Conversation For Pistons As Tom Gores' Exclusivity Period Ends
Red Wings and Tigers owner Mike Ilitch is reportedly back in the running for the Detroit Pistons sale.
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March 2, 2011
Tom Wilson: Ilitch Family Still Has Interest In Buying Pistons
The latest twist in the Pistons sale is that the Ilitch family is still interested in buying the team.
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February 26, 2011
Pistons Sale: Tom Gores Still Negotiating As Exclusive Period Expires
Tom Gores is still negotiating to purchase the Pistons, but the latest exclusive negotiating period has ended.
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February 20, 2011
NBA Commissioner Expects Deal Between Tom Gores And Karen Davidson This Week
NBA Commissioner David Stern said 'every indication' points to a deal for Tom Gores to buy the Detroit Pistons this week.
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February 11, 2011
Pistons Sale: Tom Gores Still Negotiating With Karen Davidson
The Pistons have not been sold to Tom Gores yet, but a new 14-day exclusivity period has been granted to him.
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February 11, 2011
Still Conflicting Reports On Status Of Pistons Sale
Did Tom Gores reach an agreement to buy the Pistons? There are still conflicting reports.
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February 11, 2011
Detroit News: Tom Gores Hasn't Bought Pistons
The Detroit News is reporting that Tom Gores has not bought the Pistons, yet. Instead, his negotiation period has been extended.
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February 10, 2011
Report: Tom Gores Reaches Tentative Deal To Buy Pistons
The Detroit Free Press reports that equity investor Tom Gores has reached a tentative agreement to buy the Detroit Pistons from Karen Davidson. Gores had emerged as the favorite to purchase the Pistons since January, and the sale could be announced as soon as Friday.
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February 9, 2011
Tom Gores Attends Pistons Game; Is Sale Nearing Completion?
Tom Gores, who has been linked to the sale of the Detroit Pistons, was at The Palace last night to watch the team take on the Spurs. Is a deal imminent?
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February 9, 2011
Detroit Pistons Not Moving
Apparently there have been rumors that the Pistons could be relocated, but according to Forbes, the NBA wouldn't permit that to happen.
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January 28, 2011
Tom Gores Reportedly 'Assessing' Pistons Deal; Eric Lefkofsky Not Interested?
The latest news on the sale of the Detroit Pistons is that Tom Gores is still doing research on the purchase. Also, Eric Lefkofsky, a University of Michigan grad, Michigan native and Groupon backer, was solicited by the Pistons but is not interested.
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January 26, 2011
Pistons Ranked As NBA's 13th Most Valuable Franchise
The Pistons are no longer among the league's top five most valuable franchises, falling all the way to 13th.
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January 7, 2011
Tom Gores Gets Exclusive 30-Day Window To Buy Pistons
Tom Gores has received an exclusive 30-day window to buy the Pistons.
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January 7, 2011
Detroit News: Pistons Sale Could Come Next Week With Tom Gores The Likely Owner
The Pistons may have a new owner in the next week, according to the Detroit News.
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January 5, 2011
Tom Gores Still Wants To Buy Pistons
Billionaire Tom Gores is still very much interested in becoming owner of the Detroit Pistons.