A report Friday morning suggests that the sale of the Detroit Pistons could be finalized next week. 

Billionaire financier Tom Gores is said to be the front-runner to buy the team from owner Karen Davidson, according to the Detroit News. 

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Gores is a Michigan State University alum and CEO of Platinum Equity.  His bid is thought to be in the $300 millions, according to the News.  He wouldn’t comment when the Pistons played in Los Angeles earlier this week. 

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Mike Ilitch, owner of the Detroit Tigers and Red Wings, had also expressed an interest in buying the team.

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The date for a potential sale has slipped from the beginning of the season to November and now to mid-February when the NBA Board of Governors meets in Los Angeles.