Di pa kabangon ang Pistons kay ga recession pa ilang ciudad. Hehe
Di pa kabangon ang Pistons kay ga recession pa ilang ciudad. Hehe
mao gyd.. go PISTONS
hahaha balik na bayag saka ang ekonomiya. ting-palit nmn sad ug auto.. lihok na, pistons! paandara inyong makina!
hahahahaha way gasolina ang awto oie..
Pistons hire a broker to sell the team
It's official: Pistons hire a broker to sell the team | freep.com | Detroit Free Press
The Pistons announced this morning that a Citigroup subsidiary has been hired to broker the sale of the Pistons and Palace Sports & Entertainment.
The subsidiary, called Citi Private Bank Sports Authority, has been in contact “with a number of interested parties,” the Pistons said in a news release, adding that the NBA “has been informed of the engagement.”
Pistons owner Karen Davidson said last month that the team is for sale.
“We’re looking for a buyer,” she told the Free Press at a Pistons charity event in Detroit.
Davidson revealed in late January that she was exploring a possible sale. She assumed control of the franchise after the March 13, 2009, death of her husband, Bill.
In April, the Free Press reported that Citigroup had been retained to assess the value of the Pistons and to broker a potential sale. Forbes recently placed the value at $479 million, fourth-highest in the NBA.
NBA owners must approve any sale in the 30-team league.
Despite the Pistons’ struggles on the court and the difficult Michigan economy, Alan Ostfield, the CEO and president of Palace Sports & Entertainment, said the organization had a successful first quarter.
The trade publication Pollstar reported that the Palace sold more concert tickets than any arena in the country except Madison Square Garden. And the Pistons ranked eighth in the NBA in average attendance.
The Pistons added in the release that there will be no further comment from them until “there is substantive news to report.”
change of management... naglisud na jud guro ang owner sa pistons... ang MSG jud diay ang pinakadagku ug kita sa mga concert sa arena hehehehe.. nice to know that i am one of those people who was given a chance to watch a NHL game in the "world's most famous arena".... damn wish i can be that lucky again..
@vcmov naka watch jud ka NHL? wow thats nice.. Congrats!
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