The owner of the Detroit Pistons and Auburn Hills-based Palace Sports & Entertainment Inc. has chosen to open negotiations to sell the basketball team and venue management company to Detroit pizza and sports industrialist Mike Ilitch, Crain's has learned. It's...
"The Davidson family and its constituents, working together with Palace Sports & Entertainment ("PSE") management and Citi Private Bank, have instituted a robust process that is well under way," the release said. "We are extremely pleased at the level of serious...
With the news of Mike Ilitch expressing interest today in buying the Pistons some things need to be said. While I would love for the Ilitch's to buy the team and keep them in the state, I'm skeptical of the timing and the public statement by Ilitch to the media....
Via The Detroit Free Press: "Michael Ilitch said today he wants to buy the Detroit Pistons and move the team to a new arena in downtown Detroit. The Ilitch bid is for the entire Palace Sports & Entertainment organization, not just for the basketball team itself....
