Video: Tom Gores Introduced As New Pistons Owner

Forbes Blogger Claims Ilitch Upset Over Inflated Numbers

Mike Ilitch didn't buy the Pistons last month because the Pistons ownership allegedly presented him inflated revenue numbers during his bid for the team, according to a Forbes.com blog.

Pistons Not Expected To Be Sold Before February

Pistons Sale: NBA Denies Report Of Negotiations With Middle East Groups; Tom Gores Now The Leading Bidder?

Are the Pistons in negotiations to be sold to a group from the Middle East? Is Tom Gores now the front-runner for the team? SB Nation Detroit takes a look at the latest news involving the sale of the Pistons.

Karen Davidson Reportedly Opens Negotiations For Sale Of Pistons

Are negotiations for the sale of the Pistons between Karen Davidson and Mike Ilitch breaking down? It is being reported that the exclusive negotiating period for Ilitch has ended and previous bidders are now being contacted. Is this just a negotiating technique or is this sale actually moving backward?

Mike Ilitch On Pistons Sale: 'We’re Getting Close'

Mike Ilitch said today that the Pistons sale is "getting close" to being complete. He also commented on a future new arena in Detroit that would house both the Pistons and Red Wings.

Karen Davidson Says She Won't Comment On Sale Of Pistons At All

Karen Davidson expects the Pistons to be sold in November and also doesn't plan on saying a word about it when it happens.

Mike Ilitch Reached Out to Magic Johnson About Buying Pistons

Magic Johnson, who recently sold his shares in the Los Angeles Lakers and Starbucks, is interested in becoming an owner of a sports franchise. Mike Ilitch, who's currently negotiating to buy the Detroit Pistons, has reached out to Johnson about being a part of that ownership group.

David Stern Looking For Action In Pistons Sale To Happen In November

David Stern received an update on the sale of the Detroit Pistons and expects things to get moving in the next month or so.

Tom Wilson: New Detroit Arena Would Likely Be Fillled With Technology

Tom Wilson spoke about what a new arena in Detroit might include, and his focus was on technology.

Magic Johnson Sells His Lakers Shares

Magic Johnson sold his shares in the Lakers. What does this mean?

Report: Mike Ilitch To Buy Detroit Pistons

Crain's Detroit Business is reporting that current majority owner Karen Davidson and Palace Entertainment has entered negotations with the Ilitch organization for the sale of the Pistons and Palace Sports & Entertainment. The deal is expected to be completed within the next 30 days.

If Tom Gores Becomes Next Pistons Owner, He Wants To Be Active

Tom Gores is an interesting person and has an impressive resume. If he's the next Pistons owner he plans to be fairly active, but not quite Mark Cuban active.

Pistons Owner Karen Davidson Says Team Could Be Sold By Start Of Season

Detroit Pistons owner Karen Davidson says the sale of the team is going well and a new owner could be in place by the start of the NBA season.

Report: Tom Gores Emerging As 'Front-Runner' To Buy Pistons

The Pistons' ownership situation is taking shape, and now it looks like Tom Gores is the leader of the pack of potential owners.

Report: Citibank Seeking $500 Million For Pistons

According to a report, Citibank wants $500 million for the Pistons and Palace Sports & Entertainment.

4 Potential Buyers Of Pistons Emerge

Four groups have emerged as candidates to buy the Pistons.

Peter Karmanos Not Interested In Buying Pistons

Local businessman Peter Karmanos is not interested in buying the Pistons.

Magic Johnson Wants To Join Group To Buy Pistons

Mike Ilitch Interested In Buying Pistons, Moving Them To Detroit

Owner of the Detroit Red Wings and Tigers, Mike Ilitch, notified the Pistons today that he is interested in purchasing the Pistons franchise, which has been for sale for almost a year.

Pistons Not Drawing Much Interest On Market?

The Pistons are not getting a ton of interest on the open market, which is not a very good sign if they are going to be sold anytime soon.

Pistons Deny Their Involvement In Plan To Move NBA Team To Las Vegas

The Pistons have released a statement denying their involvement with a group looking to move an NBA franchise to Las Vegas.

Investment Consortium Led By Ilitches Interested In Buying Pistons?

Could the Ilitches be interested in buying the Detroit Pistons?

Pistons Expected To Be Sold Before Next Season Begins

Karen Davidson, the current owner of the Pistons, briefly spoke about the future of the franchise yesterday, saying that it is expected to be sold by late October. In other words, a new owner is expected to be in place before the start of the 2010-11 season, which would give the franchise some stability before tipping off the new slate of games.

For Sale: Detroit Pistons

Tom Gores officially took over the Detroit Pistons earlier this week. On Thursday, he held an event at The Palace to introduce himself as the new owner.