I guess this ends the speculation about moving the Wings to the Palace, or the Pistons to a shared arena (at least for now).
http://www.prnewswire.com/news-rele...d-palace-sports--entertainment-119505344.html
From Ilitch:
Gores was raised in Michigan after his family immigrated to the US when he was 6-7 yrs old, iirc.
He studied finance at Michigan State University, and went on to make a couple billion dollars. Eli Broad is another MSU billionaire (Accounting), who lately has been giving money away left, right and center mostly to the arts and philanthropy. The business school at MSU is called... Broad School of Business.
http://www.prnewswire.com/news-rele...d-palace-sports--entertainment-119505344.html
From Ilitch:
DETROIT, April 8, 2011 /PRNewswire/ -- "I would like to congratulate Tom Gores on the announcement of his agreement to purchase the Detroit Pistons and Palace Sports & Entertainment and the Davidson family on the pending sale of their businesses. We are very pleased that the Pistons will continue to call the Detroit area home.
Gores was raised in Michigan after his family immigrated to the US when he was 6-7 yrs old, iirc.
He studied finance at Michigan State University, and went on to make a couple billion dollars. Eli Broad is another MSU billionaire (Accounting), who lately has been giving money away left, right and center mostly to the arts and philanthropy. The business school at MSU is called... Broad School of Business.