Pistons May Be Sold Before Start Of Season

[Pugz]

Karen Davidson expects the Pistons to be sold by the start of the season.

Davidson made the announcement tonight while Joe Dumars, the Pistons president of basketball operations, was discussing the team's new draft pick, Greg Monroe.

“You’re going to have a new owner pretty soon," Davidson said. “Definitely. I’m absolutely encouraged by the interest. This is a major franchise."

Davidson said the new owners would be in place by next season.

“Yes," she said. “When’s the first game, late October, right? I would expect so (to be sold by then). It depends how many lawyers get in on it, you know?"

Davidson was hoping to see her daughter, Elizabeth Reaser, who was premiering in the new "The Twilight Saga: Eclipse" movie in Los Angeles, on an "Entertainment Tonight" segment by the end of the night.

“It was part of that 'Twilight' thing," said Davidson. “I wish they had moved the time of the draft."

Davidson assumed control of the Pistons after the March 13, 2009, death of her husband Bill. Earlier this month, the franchise announced that a Citigroup subsidiary, called Citi Private Bank Sports Authority, was hired to broker the sale of the Pistons and Palace Sports & Entertainment, the umbrella arm that also owns the Palace and DTE Energy Music Theatre and operates Meadow Brook Music Festival.

 

[sheed]

This is good news. Real good news. Also, I just watched the Dumars post draft press conference and he said he "intends to be real busy this summer" which is also good news for us.

 

[Rios15]

I really hope the team stays in Detroit or Auburn Hills lol...

 

[Pugz]

if a sale is coming and they talk with dumars he may get the greenlight to go ahead and spend money. i pray we make more moves, we need to build on our luck of getting monroe.

by the way, i did NOT know we never worked out monroe of even talked with him. that kind of makes me think he may not be too happy with being here.



we will NOT move from the state.

 

[sheed]

They're not leaving. Stern and the NBA already said that they won't allow us to be moved.

 

[Rios15]

That's good ^ Because Detroit is definitely a basketball city and they have dedicated fans.

 

[RipCity32]

Yeah Detroit is going no where lol.
Nice to know something should go down soon lol.

And also nice to hear Dumars "plans" to be active lol. Doubt he will be though.