↓ Login/Logout ↓
Schedule/Results
↓ Roster ↓
Salaries
↓ Archives ↓
↓ About ↓

Tom Gores buys Pistons for $420 million

UPDATE: Gregg Krupa of The Detroit News reports Tom Gores has not bought the Pistons.

Tom Walsh of the Detroit Free Press:

Los Angeles financier Tom Gores has struck a tentative deal to buy the Detroit Pistons from primary owner Karen Davidson, a person familiar with the situation told the Free Press.

The sale, which must be approved by the NBA, may be announced Friday.

The agreement, valued at $420 million, was reached this evening, after several days of intense bargaining over details.

Your Ad Here