Wednesday, June 2, 2010

Broker Hired To Sell Pistons

Steve St-Pierre
Sports Writer
In Play! Magazine
sstpierre@inplaymagazine.com

The Pistons have hired a Citigroup subsidiary to broker the sale of the franchise as well as Palace Sports & Entertainment. Karen Davidson, current Pistons Owner, announced last month that the team was officially for sale.

According to reports, there are several interested parties and the NBA is keeping tabs on the situation.

In other Pistons news, forward Chris Wilcox has exercised his $3 million player option to remain with Detroit for the upcoming 2010-11 NBA season. With the team expected to select a power forward or center in this month's 2010 NBA Draft, it's quite possible Wilcox will be shopped on the trading block if he were included in a potential package with other veteran players as the Pistons look to continue their youth movement.


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