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Ilitch expresses interest in buying Pistons

Monday, 08.9.2010 / 12:15 PM ET / News
By Bill Roose  - Managing Editor | DetroitRedWings.com
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Ilitch expresses interest in buying Pistons
DETROIT – The Ilitch organization has entered the process to attempt to purchase the NBA’s Detroit Pistons.

“We formally notified the Detroit Pistons that we have interest in purchasing the team,” Red Wings owner Mike Ilitch said in a statement released to the media on Monday. “This is a required first-step and we look forward to the opportunity to move forward in the process.”

Ilitch, along with his wife, Marian, have owned the Red Wings since 1982, and in that time the franchise has won four Stanley Cup championships. Mike Ilitch also purchased the Detroit Tigers in 1992.

In June, Karen Davidson, the widow of the late Pistons owner William Davidson, has said that she expects the sale of the NBA team to be completed prior to the upcoming season.

“When I read in the paper there was a chance that this great sports town could lose one of its professional sports franchises, I just didn’t see how we could let that happen,” Red Wings owner Mike Ilitch said in a statement that was released to the media on Monday.

“The Pistons, just like the Red Wings, Tigers and the Lions, have a rich and storied tradition in this community and they’ve brought pride to fans and our community,” Ilitch said. “You all know I love sports – all sports, from amateur to the various pro sports we’ve had the privilege to be involve with, and like a lot of others I’m sure, I really want to see the Pistons remain the Detroit Pistons.”

The Ilitch offer is the first step in what will potentially be a long process. Additionally, as part of the process laid out to the sellers, the Ilitch organization has entered into a non-disclosure agreement, meaning that they can not make further public comments until the process is completed.

Ilitch has been on record as saying he’d like to see a new downtown arena. If Ilitch’s organization is successful in their bid to purchase the Pistons, this would only enhance the chances of building a new venue in downtown Detroit. But ultimately, whether they purchase the Pistons, or not, the Ilitches are focused on building a new state-of-the-art facility.

“We talked about it internally, and when you take 33 years of experience in professional sports, our commitment, our passion for winning and pursuing championships, and you couple that with the opportunity to have a local, engaged owner for the Pistons, we decided to take a run at it,” Ilitch’s statement read. “We believe we could bring a lot to the table that could be tremendously positive for the Pistons’ franchise, the NBA, and the fans of this community.”

Due to terms of the seller's process, additional information will not be shared until a deal is reached or not.




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  TEAM GP W L OT GF GA PTS
1 WSH 51 38 9 4 166 114 80
2 FLA 52 31 15 6 143 115 68
3 NYR 52 29 18 5 148 134 63
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5 BOS 52 28 18 6 151 137 62
6 NYI 51 27 18 6 143 127 60
7 DET 52 26 18 8 130 131 60
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13 OTT 53 24 23 6 148 165 54
14 BUF 53 21 26 6 120 139 48
15 TOR 51 19 23 9 117 140 47
16 CBJ 54 21 28 5 135 168 47

STATS

2015-2016 REGULAR SEASON
SKATERS: GP G A +/- Pts
D. Larkin 51 18 19 25 37
H. Zetterberg 52 9 25 2 34
T. Tatar 51 15 17 -2 32
G. Nyquist 52 14 15 -2 29
J. Abdelkader 52 14 12 -4 26
P. Datsyuk 37 6 20 11 26
M. Green 46 4 17 -7 21
N. Kronwall 45 3 14 -10 17
B. Richards 38 5 10 6 15
D. DeKeyser 48 6 8 12 14
 
GOALIES: W L OT Sv% GAA
P. Mrazek 19 10 4 .932 2.03
J. Howard 7 8 4 .904 2.89