Skip to content

Pistons not for sale to Middle Eastern groups

Dec 3, 2010, 1:43 PM EDT

Image (1) pistons_logo-thumb-250x208-11727.png for post 6294

Reports came out yesterday — ones even briefly echoed on this blog — that a number of Middle Eastern investors were in talks to buy the Detroit Pistons.

But that is not the case, the NBA told Tom Ziller of SBNation. The league called it a miscommunication between NBA commissioner David Stern and a foreign reporter. The league says Stern simply said the league was open to foreign investment, not that talks about a specific team were underway.

Mike Illitch — the owner of Detroit’s Red Wings and Tigers, who made his money as the founder of Little Cesar’s Pizza — had been in exclusive negotiations to buy the team, but terms of the deal have not been finalized. Karen Davidson took over control of the team after the death of her husband, and she quickly looked to sell the team.

Latest Posts
  1. Dwight Howard’s drivers’ license in Florida suspended, he racked up 10 red light violations in Orlando

    Sep 17, 2014, 8:00 AM EDT

    Detroit Pistons v Houston Rockets Getty Images

    He has 10 citations for running red lights. Impressive, I don’t care how many sports cars you own.

  2. And-1 Links: League Pass alert — Ben McLemore is the new Pizza Guy

    Sep 16, 2014, 9:34 PM EDT

    Isaiah Thomas pizza guy

    Nick Young’s girlfriend Iggy Azalea is better at trick shots than you.

  3. Report: Dirk Nowitzki to play in EuroBasket 2015, which is 2016 Olympics qualifier

    Sep 16, 2014, 8:33 PM EDT

    Mark Cuban, Dirk Nowitzki Getty Images

    Germany qualifying for the Olympics, even with Nowitzki, is an uphill battle.

  4. Tim Duncan to appear in “The Punisher” comic book

    Sep 16, 2014, 5:59 PM EDT

    Tim Duncan Punisher

    Guaranteed Duncan likes this better than another trip to the All-Star Game.

  5. Bulls officially sign E’Twaun Moore, he’s likely to stick with team

    Sep 16, 2014, 5:20 PM EDT

    Mason Plumlee, E'Twaun Moore Mason Plumlee, E'Twaun Moore

    Half his salary the first year is guaranteed, a sign he is expected to make the final roster.

  6. Report: Glenn Robinson III signs guaranteed deal with Timberwolves

    Sep 16, 2014, 4:19 PM EDT

    Zach LaVine and Glen Robinson III of the Minnesota Timberwolves Portraits

    The guaranteed deal is huge but the Wolves are deep at the three. He’ll struggle to get minutes.

  7. Kings retiring Peja Stojakovic’s number

    Sep 16, 2014, 2:33 PM EDT

    Peja Stojakovic Peja Stojakovic

    Stojakovic’s 3-point bombing made Sacramento better for quite some time

  8. Andrei Kirilenko wants Lionel Hollins to play him more than Jason Kidd did

    Sep 16, 2014, 1:50 PM EDT

    Andrei Kirilenko Andrei Kirilenko

    Kirilenko played by far career-low 19 minutes per game last season

  9. 67RIEFNS No. 4: Andrew Wiggins vs. Jabari Parker

    Sep 16, 2014, 11:44 AM EDT

    Jabari Parker, Andrew Wiggins Jabari Parker, Andrew Wiggins

    No. 1 and No. 2 picks in the NBA draft square off against each other, expectations

  10. Steve Clifford sees Marvin Williams as primarily stretch four with Hornets

    Sep 16, 2014, 11:00 AM EDT

    Josh McRoberts, Marvin Williams Josh McRoberts, Marvin Williams

    Williams, who plays both forward positions, now favorite to replace Josh McRoberts in starting lineup

  11. ProBasketballTalk 2014-15 Preview: New York Knicks

    Sep 16, 2014, 10:00 AM EDT

    Derek Fisher Derek Fisher

    Plenty of changes, but enough to make the playoffs?

  12. Report: Spurs open to signing-and-trading Aron Baynes

    Sep 16, 2014, 9:30 AM EDT

    Patty Mills Foot Locker In Store Appearance Getty Images

    San Antonio already has 17 players, qualifying offer out to Baynes

  13. Klay Thompson’s agent: Thompson better two-way shooting guard than Kobe Bryant

    Sep 16, 2014, 9:00 AM EDT

    Golden State Warriors v Los Angeles Lakers Golden State Warriors v Los Angeles Lakers

    Bill Duffy: ‘Klay Thompson right now is the top two-way, two-guard in basketball’

Featured video

What players stood out at World Cup?
Top 10 NBA Player Searches
  1. D. Rose (3237)
  2. L. James (2530)
  3. D. Ferry (2500)
  4. K. Irving (2370)
  5. J. Valanciunas (2307)
  1. K. Bryant (2203)
  2. P. George (2044)
  3. N. Batum (1748)
  4. R. Gay (1715)
  5. C. Anthony (1681)