Pistons tap Mike Ilitch to buy the team

Discussion in 'Detroit Pistons' started by truebluefan, Oct 5, 2010.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    "Red Wings and Tigers owner Mike Ilitch appears to be the frontrunner to purchase the Pistons.

    According to a source close to the Pistons who declined to be named due to the delicate nature of the talks, the team has opened negotiations with Ilitch, and a deal is anticipated within 30 days.

    Pistons owner Karen Davidson told the Free Press recently that the sale of the team is "progressing very well," and that she expects a deal by Oct. 27.

    Reacting to today's news, Detroit Mayor Dave Bing said in a statement: "We continue to be excited about the possibility of the Detroit Pistons returning to Detroit, which is nationally recognized as a destination for professional sports. The deal is not done, but we remain optimistic.""

    http://www.freep.com/article/20101005/SPORTS03/101005025/
     

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