Stern addressed the Pistons sale during his state of the league address at the NBA’s All-Star Weekend in Los Angles. While he didn’t say positively a deal was going to happen, he expects an announcement this week, whether Gores purchases the team or not.
“I met with him at my offices where he met with our entire senior staff and we know that there are very intense negotiations going on which are in their final stages, which means either there will be a deal or there won’t be a deal within the next week.
“And every indication is that there will be a deal and we’ll see how that goes.”
Gores was in town for the All-Star game to update Stern on the progress of the sale. Gores’ exclusivity window to buy the team ends this week, but could have it extended if a deal is imminent.