Categories: Basketball

Mike Ilitch to Buy Pistons

Mike Ilitch, owner of the Detroit Tigers and Red Wings, is about to add another sports franchise to his portfolio; he’s set to buy the Detroit Pistons. Current owner Karen Davidson is working will Ilitch on the financial terms.

Davidson said that she was considering selling the Pistons and possibly Palace Sports and Entertainment (The Palace of Auburn Hills, DTE Energy Music Theater, and Meadow Brook Music Festival). She inherited the team last year when her husband died.

The franchise was worth $479MM when Forbes looked at sports franchises.

Ilitch, who made his money through Little Caesars Pizza, wants to buy the Pistons to keep them in Detroit.

Eugene Tierney

Recent Posts

Cardinals And Convoy of Hope Partner To Help Venezuela Earthquake Relief

The St. Louis Cardinals, Cardinals Care, and Convoy of Hope are uniting to support relief…

52 minutes ago

Toronto Psych-Punk Powerhouses WINE LIPS Preview TV Dinner With “Projector”

Toronto’s Wine Lips return with “Projector,” the first single from their newly announced fifth album…

23 hours ago

MiLB Announces June 2026 Players Of The Month

MiLB announced the Player & Pitcher of the Month Award winners for June in MLB’s player…

3 days ago

A Guide to Running Your Creative Business with Confidence and Care

For creative professionals who love making the work but dread freelance business management, the hardest…

3 days ago

TAXI GIRLS Blend Garage Rock Cool And Power Pop Punch On ‘Static’

Montreal's TAXI GIRLS arrive with Static, their debut full-length album, out June 26 on Stomp Records.…

4 days ago

2026 Busch Stadium Homestand Highlights #9

The Cardinals will be back at Busch to open an 8-game homestand before heading into…

4 days ago

This website uses cookies.