Ilitch Wants To Buy Pistons

ilitch mike Ilitch Wants To Buy Pistons


Tigers and Red Wings owner Mike Ilitch says he wants to buy a third major professional Detroit sports franchise – the Pistons.

Ilitch said in a statement Monday he is interested in purchasing the basketball team in part because he fears the area could lose it if an out-of-town buyer comes forward. Ilitch says he notified the Pistons on Monday.

The Pistons announced in June that Citi Private Bank’s Sports Finance and Advisory team was assisting in the potential sale of the team.

Owner Karen Davidson has said she’s considering a sale of the franchise by itself or as part of a package with Palace Sports and Entertainment, which includes The Palace of Auburn Hills, DTE Energy Music Theatre and Meadow Brook Music Festival.

Her husband, Bill Davidson, died last year.

“The team has kind of been in limbo since the death of owner, Bill Davidson,” said Vince Goodwill, Detroit News sportswriter.

“It’s not really known if Joe Dumars was able to have the autonomy to spend money the way he would have if Mr. Davidson was alive,” Goodwill said.

Goodwill said he also thinks moving the team downtown would make them more accessible to their core fans.

(Copyright 2010 by WWJ. All Rights Reserved. The Associated Press contributed to this report.)

  • Wings To Play Next Season At The Joe « WWJ AM

    […] the plans Monday after the team’s owner Mike Ilitch announced that he is interested in buying the NBA’s Detroit Pistons in part to make sure the Pistons don’t leave […]

  • Mike

    Mike Illitch doesn’t know who the Pistons are. The old fart needs to go into a home or out to the back 9.

    • Friendly-One

      Do you have any factual information to substantiate your position? Are you speaking from the back nine?

  • Friendly-One

    Why was the historic corner of Michigan and Trumbull demolished? To make room for a multi-use complex, could it be the Red Wings and or the Pistons new home? Since the powers that be has deprived me of the childhood memories of outings at the “Corner”, the least that could be done is to put in place a venue that will give present and future sports fans of Detroit, the vision of championships to come. I am supportive of Illitch, I buy his pizza’s often. Looking at the Red Wings under his ownership, he has had success. The Tigers are a work in progress. As to the Pistons, Detroit basketball fans will have to take a wait and see attitude.The return to bragging rights will soon return to Detroit sports teams, with Illitch at the helm! I am not a paid spokes person.

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