Pistons for sale?

Discussion in 'Pistons and NBA' started by Nemo, Jan 17, 2010.

  1. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    I heard that Howard Schultz is looking to buy the team. I'm trying to find the link.
  2. BallDon'tLie

    BallDon'tLie All-Star 3x Fantasy Champion

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    The Seattle SuperPistons?
  3. dba

    dba All-Star Moderator 1x Fantasy Champion Forum Donor

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    I think this is a pretty reasonable take. If you don't know anything about basketball and don't have a driving desire to run a team, then for the betterment of the team, take your cash and get out of the way and let someone else take it. Makes a lot of sense to me.

    Dave Bing would have made a nice lead for a group to buy the team, but he's needed elsewhere. Joe is an interesting choice too.

    The upside is there is an opportunity to get new owners with a passion for the game. Of course, the downside is that they may not want to stay here.
  4. Delfino Delivers

    Delfino Delivers Bench Warmer

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    Maybe Zeke would have an interest??? :sssh:
  5. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    Isiah Thomas?
  6. Delfino Delivers

    Delfino Delivers Bench Warmer

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    You beat me to it.
  7. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    Damn you DD!!!!!! :yellowprison:
  8. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    I believe the post count shows that you are the victor...............
  9. Delfino Delivers

    Delfino Delivers Bench Warmer

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    They got switched somehow. You were ahead of me when I replied.
  10. dba

    dba All-Star Moderator 1x Fantasy Champion Forum Donor

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    From my POV, just say no.
  11. DirtyMoney

    DirtyMoney First Round Draft Pick

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    Kid rock will invest
  12. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    Now you are talking, Kid Rock, Zeke and Eminem.
  13. Ernie the Slow Adult

    Ernie the Slow Adult All-Star Forum Donor

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    Rascoe is sticking it to me again. Maybe this is my punishment for threatening to ban last year?
  14. mercury

    mercury Bench Warmer

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    Don't forget Seger... with that group the Beatles would come back to the Palace. lol
  15. mercury

    mercury Bench Warmer

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    Barkley is looking for a new spot for a casino :pound:

    How bout the 89 Pistons conglomerate?... Does Laim still own the box company?
  16. Pwn Toney

    Pwn Toney All-Star Forum Donor

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    Stop hatin!:stirthepot:
  17. mercury

    mercury Bench Warmer

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    Will this pending sale effect Joe's decisions... would he have to go into cost reduction mode to attract a buyer (see other teams that went up for sale).

    From Langlois: Karen Davidson, the wife of late Pistons owner Bill Davidson, released a statement late Wednesday confirming what ex-minority owner Oscar Feldman had earlier told Crain’s Detroit Business – her intent is to sell the Pistons. She spoke informally to reporters at halftime of Wednesday’s win over Boston and confirmed the same. Once the process gets put into motion, it’s going to take a lot of poring over the books to accurately assess the value of the franchise given the uncertainty of the times. What doesn’t seem uncertain to me is the future of the Pistons in Detroit. David Stern wouldn’t allow the Pistons to leave this market unless it was an absolute last resort. He signed off on Seattle’s transfer to Oklahoma City only because the team was bleeding money due to an unfavorable lease and the apparent lack of civic interest in remedying the situation. That isn’t the case in Detroit. The Pistons own their own building. And The Palace – still recognized as one of the finest arenas in the NBA – would be a major selling point to any prospective buyer. That’s why the media speculation that the Red Wings and Pistons will soon be looking to share a downtown Detroit building rings hollow. Whoever buys the Pistons is almost certainly going to be attracted by the moneymaking potential of The Palace – and the moneymaking potential of The Palace is largely undermined when you remove its primary tenant, the Pistons. And now and into the foreseeable future, the political will to sink $300 million into a new arena in Detroit – which is what I’ve been told it would take by people who know the business – simply isn’t close to being there, unless a private buyer wants to build it out of his own pocket. And good luck getting a bank to finance that today.
  18. dba

    dba All-Star Moderator 1x Fantasy Champion Forum Donor

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    I try, but...
  19. roscoe36

    roscoe36 All-Star Administrator

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  20. Nemo

    Nemo The Great Predictor Forum Donor

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    Sell it to Madonna. Or Stevie Wonder. Where's Bill Bonds when you need him?

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