Pistons Owner Still Hopeful On Sale Timeline
Detroit Pistons owner Karen Davidson says she’s still hopeful a deal to sell the team can be done by the opening game in late October.
Davidson didn’t give any more details about the sale while appearing Thursday at a back-to-school event benefiting Oakland County schools. Davidson says there are leading candidates, but didn’t say who they are.
She said the sale is “progressing very well.”
Davidson’s husband, Bill Davidson, died last year. The late owner helped the Pistons win NBA titles in 1989, 1990 and 2004.
Palace Sports and Entertainment, the company that runs the Pistons, said last month there had been serious interest from multiple potential buyers. Mike Ilitch, who owns the Detroit Tigers and Detroit Red Wings, said he was interested in buying the Pistons.
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